Austin Texas Estate Planning Blog

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How Does My Annuity Beneficiary Work

How Does My Annuity Beneficiary Work?

Posted on: May 7, 2023
Who you choose as the annuity beneficiary may impact how the annuity income is taxed if you pass away.
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The Death of Raquel Welch and What Her Estate Plan Is (or Might Be)

The Death of Raquel Welch and What Her Estate Plan Is (or Might Be)

Posted on: May 4, 2023
Raquel Welch, whose acting career spanned five decades, passed away in February at eighty-two. Welch appeared in over thirty films and fifty television series, won a Golden Globe Award, and has a star on the Hollywood Walk of Fame. However, Welch was more than an actress. She was also a savvy businesswoman with several successful […]
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Biggest HealthCare Proxy Blunders

Biggest HealthCare Proxy Blunders

Posted on: May 3, 2023
Everyone age 18 and over should have a health care proxy document signed (think children off to college, and yourself, not just an elderly parent).
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Do Joint Accounts With Rights of Survivorship Work

Do Joint Accounts With Rights of Survivorship Work?

Posted on: May 2, 2023
Joint accounts may seem like an effective way to prepare if parents need help with finances as they get older, but unexpected problems could crop up.
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What You Need To Know About Estate Taxes

What You Need to Know About Estate Taxes

Posted on: May 1, 2023
Knowing the tax rules can help you pass on more of your money to your loved ones while minimizing taxes.
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Older Singles Can Plan to Protect Themselves

Older Singles Can Plan to Protect Themselves

Posted on: April 30, 2023
Aging solo is about those individuals who are widowed or not married, live alone and have no family or none they can count on. They are going through the last years of their lives on their own. It can be just fine until one’s health declines and the usual activities and access to friends get out of reach.
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Most Common DIY Contract Mistakes

Most Common DIY Contract Mistakes

Posted on: April 27, 2023
Contracts are an area where a do-it-yourself (DIY) approach can fall short. The many online contract templates can make it seem like a contract is simply one more business task that can be insourced. However, while DIY contracts are easy to print out and sign, once the signatures are in place, business owners may have […]
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What Is Hospice Care

What Is Hospice Care?

Posted on: April 26, 2023
The recent decision by former President Jimmy Carter to transition to hospice brings much-needed attention to this crucial part of healthcare.
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What Is Probate?

Posted on: April 25, 2023
How this is handled now depends on the plans the deceased made when they were alive. For some people, that might mean probate.
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