Creating a Texas guardianship is necessary to protect an individual who cannot care for or protect themself. This situation can occur when a person has a mental deficiency, sustains an injury following an accident, experiences memory loss due to old
During the process of estate planning, we address the need for properly handling property transfers via the creation of a trust. Many people think that a trust is something that only people with a lot of money do or that
The idea of disability and incapacity are often used interchangeably in the general public. In relation to guardianship, if an individual is disabled or incapacitated, it will help determine the best alternatives in setting up an appropriate guardianship for
There are many alternatives to declaring a guardianship over an individual. The idea of an alternative to guardianship is appealing to many people, because it will allow the individual to retain some independence in making life decisions. If there are
When you’re married and want to plan for the future, your estate plan should include ways to pass on your assets without making your spouse go through probate. There are a few ways to do this, so that your spouse
A Qualified Terminable Interest Property Trust (QTIP) is a marital deduction trust that is an irrevocable marital trust between spouses, to ensure a decedent’s property will give lifetime income to a surviving spouse. After the death of the surviving spouse,
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