Plano Estate Planning Lawyer: Mental Health and Health Care Directives

Health care directives, including the Living Will, Medical Power of Attorney, and HIPAA Medical Release, are crucial elements of every estate plan in Plano. One issue that does not come up very often when discussing health care directives, though, is mental health. Mental health falls into the realm of health care and, as such, is covered by health care directives. Health care directives can be a great help to Read More

When Does a Power of Attorney Expire in Collin County?

A Power of Attorney is a legal device that is used to give someone the power to act on your behalf if you are unable to. For example, if you have Alzheimer’s disease, there is a possibility that you will get to the point where it is no longer possible for you to make decisions. If a Power of Attorney is in place, this hand-selected person would step in for you. Without a Power of Attorney in place, the courts will Read More

Plano Will and Trust Lawyer Answers, “Will My Inheritance Be Taxed?”

When the subject of inheritance is being discussed, people almost always ask this question to their Will and Trust lawyer in Plano.  Here’s what you need to know about how you might be taxed on an inheritance. Income Taxes The IRS expects you to report every source of income. This leads many to believe that they will have to claim an inheritance when they file their annual returns. Good news! An inheritance is Read More

Plano Will Attorney: 5 Considerations When Choosing a Legal Guardian for Your Kids

Choosing a legal guardian who can raise your kids if you are unexpectedly incapacitated or pass away can be a daunting and difficult challenge.  There are many things to take into account such as parenting styles and the potential guardian’s ability to love and take care of your children. These are just some of the questions we believe every parent should answer before naming a guardian. Where will your Read More

Plano Trust Lawyer: What’s the difference between a Revocable Trust and an Irrevocable Trust?

Trusts are important legal relationships that involve a Grantor who creates a Trust to hold property, a Trustee who holds or manages the property in the Trust, and a Beneficiary (or Beneficiaries) who eventually receives the property. While there are many types of Trusts, they can usually be broken down into two categories: Revocable and Irrevocable. Below you will find the benefits, disadvantages, and differences Read More

Plano Estate Attorney: How Improper Planning Can Make a Legal Mess After Death

It’s hard to believe that more than half of all adults in America do not have a Last Will and Testament or Trust in place, especially with so many public stories of celebrities who left their estates a mess by not leaving behind a Will, leaving an invalid Will, or not properly funding their Trusts. Here are some of these cases and the complications left for the deceased’s loved ones. Warren Burger Perhaps the Read More

Do I Need A New Estate Plan If I Move to a New State?

If I had to pick one question that I am asked the most, I’d have to say this one ranks way up there… Do I need a new estate plan if I move out of Texas? Just like the answer to most estate planning questions, the answer is “it depends.” However, this one has a pretty simple explanation. All estate plans should include these basic documents; a will, a healthcare directive, a financial power of attorney, and Read More

When it Comes to Estate Planning in Collin County, You Get What You Pay For

You have probably seen so-called “standard” (a.k.a cheap) living trusts advertised all over the Collin County area.  Seminars, direct mail, and telemarketing are all common marketing techniques for the companies that sell “Do-It-Yourself” legal plans. But, buyer beware! These one-size-fits-all estate plans are NOT created to deal with your unique situation or handle your unique assets. Without a plan suited to Read More

What Benefits is my Autistic Child Eligible For in Collin County?

If your child has been recently diagnosed with autism, you are probably feeling overwhelmed with this new direction your life has taken and inundated with information about how to care for your very special child. The good news is that there are a number of ways that the government and other organizations can help you. A few of them are listed below. Social Security Disability Insurance (SSI) SSI is a financial Read More

Physicians: Don’t Forget This Critical Step When Beginning Your Medical Career!

After years of school and clinical training, you are now ready to begin your medical career. Or, are you? You are most likely dealing with a lot of concerns at the moment such as work-life balance and unforgiving student loans.  One thing you are likely not adequately planning for is the possibility of getting sued. According to the American Medical Association, 61% of physicians surveyed had been sued at Read More