Plano Estate Planning Lawyer Discusses Protecting Your Kids Should Something Happen to You

Plano Estate Planning Lawyer Discusses Protecting Your Kids Should Something Happen to You One of my greatest passions as a Plano estate planning lawyer is educating parents about how important it is to prepare for their sudden death. Not a fun topic I realize; unfortunately, I’ve seen it happen. It just takes one sad circumstance of parents passing away and leaving the kids to deal with squabbling relatives to Read More

“Pre-planning Your Funeral is Essential, but Think Twice Before Pre-Paying” Warns Plano Will and Trust Lawyer

By Aaron Miller, Plano Will and Trust Lawyer Based on what I am seeing as a Plano will and trust lawyer, more and more people are considering pre-planning and pre-paying for their own funeral. For years I have recommended that my clients include their wishes for their final arrangements in their estate plans, but more and more people are bringing it up proactively. Some of the reasons that people want to take Read More

Plano Elder Law Attorney: BIG Changes Coming for Nursing Home Contracts

The Centers for Medicare and Medicaid Services (CMS) just made a momentous change of federal nursing home regulations. Nursing homes are now banned from using pre-dispute binding arbitration agreements.  This means nursing homes can no longer force you to sign away your right to due process. Let me explain…. Before this regulation change, nursing homes had a sneaky clause that was hidden in the fine print of Read More

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