Archive for April 2021
When Should I Consider Updating My Will?
During the occasional neighborhood discussions, the subject of estate planning surfaces. You have a will and are content to know that you are prepared and have put your estate in order for your loved ones. You seem to be all set, and you tell your neighbors so, even though you created your will 15 years…
Read MoreHow Can You Make a Divorce Easier When You Have an Infant?
It’s true that the connections children make in their early years matter most in their development. They learn from their parents how to handle stress and react to stimuli. They are taught the very basics of survival as infants and as they grow into toddlers. If you and your spouse are divorcing when your child…
Read MoreHow Can You Lower the Cost of Your Divorce?
Divorce, as most people know, is expensive. According to the latest figures, the average cost of a divorce (with no children in the mix) is $15,600. When there are children involved, the cost goes up to $23,500. If that seems like an impossible figure to manage, take heart: Your divorce doesn’t have to cost that…
Read MoreWhat are the Benefits of Mediation in Divorce?
Getting divorced has a reputation of being extraordinarily contentious and stressful for all parties involved, in addition to the extensive amount of time that it takes to resolve. When a divorce can take months or longer to finalize, you work on your divorce every day is another dollar out of your pocket. Divorces cost an…
Read MoreDo You Have to Share Your Personal Injury Settlement Money in a Divorce?
In Texas, marital assets are considered community property and subject to 50-50 division if a couple divorces. That includes income and most assets earned or acquired by spouses individually during the marriage. Gifts and inheritances received by one spouse are a common exception, as long as they haven’t been commingled with marital assets. So are…
Read MoreWhat is a Medical Power of Attorney?
Estate planning covers many aspects of your future, not just what to do with your assets after you pass away. It’s more than simply writing a will. One of the documents that you may want to use in your plans is a medical power of attorney. Not everyone has one, but you should be aware…
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