When it comes to estate planning in San Antonio, many people think they only need to worry about their physical possessions and money. Individuals who made their estate plans years before the Internet existed might not realize how crucial it is for them to update their estate plans to include digital assets.
If you have adult children in the San Antonio area you want to leave an inheritance to, you might want to think twice about it. Your children are not as mature as you are. Also, they might not be as financially responsible as you would like them to be. It took you years to accumulate your wealth. If you do not want to entertain the possibility of your loved ones squandering it away, you should consider leaving their inheritances in trusts.
Do you have a will and think you are done with end-of-life preparation? Do you lack a will or any other estate planning documents at all?
People usually use an estate plan to designate the distribution of their estate. When life-altering events occur, such as remarriage, it is important to ensure that the estate plan is still encompassing.
Even a well-formed, agreed upon custody order may need changes over time. As the child grows, so may a parent's desire to spend more quality time together.
The turmoil of parental discord in Texas can lend itself to one parent seeking to relocate with the child. Sometimes that parent does not want to move across state lines but plans to take the child abroad.
As excited as you are to plan for your second wedding, be aware that it is not the only planning you should be involved in right now. You may be busy, but do not underestimate the importance of creating estate plans before you tie the knot.
It is usually the court's intention to provide fair judgments in divorce proceedings. However, both parties do not always agree with the outcome and may choose to appeal a decision by the court.
Technically, a living will is not an actual will. Rather, it is a legally binding directive that conveys your wishes concerning medical treatment. If you ever become unable to state your preferences on your own, a living will and other types of advance directives can serve to tell health-care providers and family members what you want.
When people think of getting their affairs in order for after their passing, they usually think of a will. However, along with a will, other forms of estate planning may also be beneficial.