A Texas guardianship is used when a person who is elderly or otherwise disabled is unable to care for himself or herself. In this case, the individual needs to have someone else look after his or her affairs and personal well-being. The helper is the guardian; and the person who needs helping is the ward. …
Today, same sex partner marriage is legal in Texas, as same sex marriages are legalized in all states. Some couples going into marriage don’t think about the formality of the marriage, but it is important to formalize all marriages, as there will be definite advantages to a formal marriage recognized by the state of Texas. …
To understand the role of a probate lawyer, the first step is to understand what probate is. Probate is a legal process where a court determines that a decedent’s Will is valid or determines heirs (if they died intestate meaning they died without a will). During this process, assets belonging to the decedent’s estate are …
What Is a Probate Lawyer? Understanding Probate and Probate Administration Read More »
If you are wondering what all the talk about the dependent care tax credit is, and how it will affect you going forward, then stay tuned. You’ll definitely need to talk to a financial planner and fast – because everyone will be affected by the changes disallowing you to escape the wealth tax. Here is …
Repercussions for the Permanently Extended Child and Dependent Care Tax Credit Read More »
When a person dies, it is usually a matter of law as to how the Texas estate will pass to the next of kin. All states have specific rules for the passing of real property to a surviving spouse with or without a will. These laws are in place to protect the surviving spouse, and …
A cryptocurrency is the broad name to digital technologies that allow you to use electronic and digital technologies to: Transfer money into accounts globally Record data from your personal accounts Invest internationally Many people have heard of Bitcoin and may not know what it really is. But before this discussion can really take off, it …
What Is a Cryptocurrency and What Are the Risks to Using It? Read More »
What Is a Pet Trust? Pet trusts are a trust set aside for the continued maintenance and care of your loved family pets after you die. Pets are considered to be full members of the family, and owners would never dream of them being relegated to a shelter if an owner passes away. Pet trust …
What Are the Advantages of a Testamentary Trust? A testamentary trust is a document that is added to your will, to offer direction for your trust assets once you die. You will need to choose a competent trustee who will handle the trust for your surviving relatives and beneficiaries. The role of your trustee is to …
What Are the Advantages of a Testamentary Trust? Read More »
Many of us wonder about the right time to start or adjust estate planning. While, most estate planning professionals can’t agree on a specific age that you should consider working on an estate plan, there is a school of thought that believes that the sooner, the better when it comes to deciding what will happen …
Top Five Life Events that Require Estate Planning Read More »
For many people, life insurance is a simple thing; you buy a policy so that your family will get some financial help after you die. However, in many cases, life insurance can be a useful tool when it comes to estate planning. A traditional life insurance policy will pay out after your death, but an …
What you Need to Know Irrevocable Life Insurance Trusts Read More »
If you are a Texas resident, contact Krupa Downs Law, PLLC and the attorney with the firm will get back to you as soon as possible. Contacting Krupa Downs Law, PLLC through this site does not create an attorney-client relationship. Please do not send any confidential information until such time as an attorney-client relationship has been established.