Over the course of your lifetime, you will likely co-own property at least once. You might jointly own property with a spouse, an adult child, or even a business partner. It’s important that you understand how this works. The Mendel Law Firm, L.P. set out to explain why the type of joint ownership you choose matters. Why Does It Matter How Property Is Titled? The manner in which jointly held property is titled is not something most people think much about – but they should. The type of joint … [Read more...] about The Type of Joint Ownership You Choose Matters
Buffalo Bill, Fact or Fantastical? There has always been a unique captivation with the Wild West. From watching favorite rugged stars, like John Wayne, in Hollywood westerns to dressing up like cowboys on Halloween, there is a certain fantastical delight surrounding this era of our history. The life of the pioneers was certainly exciting. However, it is the sensationalized interpretations of showmen and dime novel writers that produced the fearless cowboys we have come to know and adore. There … [Read more...] about Famous Estates-Champ or Chump? “Buffalo Bill” Cody
Over the last several decades, the older population in the United States has grown at an unprecedented rate. What is more, it shows no signs of slowing down in the years to come. In fact, experts tell us that by the year 2050, Americans age 65 and older will outnumber their younger counterparts (age 21 and younger) for the first time in history. The boom in older Americans is thanks to several factors. This includes the general increase in life expectancy and the fact that the “Baby Boomers” are … [Read more...] about Report Says Baby Boomers Will Be Sicker than Previous Generations
McCulloch County is located in the smack dab middle of Texas! While there’s debate about the official location of the geographic center of Texas, small town Brady holds the title. This is signified on a stone monument in front of their courthouse. In fact, the geographical center of Texas is located in northeastern McCulloch County at 31°21' north latitude and 99°14' west longitude, sixteen miles northeast of Brady. This puts the official center of Texas somewhere between Brady and Brownwood … [Read more...] about Texas Trivia- What County is the Geographic Center of Texas?
There are new tax proposals working their way through the House and Senate. These proposals, if passed, would change retirement savings significantly. Read on to learn more about these proposals and whether they might impact you or your clients. New Tax Proposal re: Retirement Savings … [Read more...] about New Tax Proposal re: Retirement Savings
Although an estate plan should be fitted to your unique needs, there are some commonly utilized components when it comes to estate planning. Life insurance is one of those components. Most people choose to include at least one life insurance policy among their estate planning tools and strategies. While life insurance is a common addition to any estate plan, understanding life insurance policies and options can prove challenging. The type of life insurance policy you decide to purchase will … [Read more...] about Understanding Life Insurance
Who is Paul Newman? If you were asked to describe Paul Newman in as minimal words as possible, how would you summarize him? Some might say, Academy award winning actor and film director. Others might focus on his many national championships as a race car driver. A few might only need three words; blue, eyed, and hunk. It is far less likely that someone would declare, “He’s that guy on the salad dressing bottles!” Yet, one of the largest contributions Paul Newman made to society was starting his … [Read more...] about Famous Estates-Champ or Chump? Paul Newman
Are you starting to feel the pressure to have a retirement plan in place? If so, you are not alone. It seems as though the push to start planning starts from the moment you accept your first “real” job. Nonetheless, there’s good reason. One, is the simple fact that it takes so much more to live comfortably during your retirement years today than it did just a couple of generations ago. With that in mind, when should you really start retirement planning? How Retirement Planning Has Changed If … [Read more...] about Do I Need to Include Retirement Planning in My Estate Plan?
In the 1953 western film, “The Man from the Alamo” Glenn Ford stars as John Stroud. In the movie, Stroud is chosen to leave the fort in order to warn and protect his family and others of the approaching army led by Santa Anna. When the devastation at the Alamo incurs, the Texan is labeled a coward by all. Determined to avenge his family and restore his honor, Stroud goes on a journey to protect Texas families as they run from a Santa Anna sympathizer. In the end, Stroud manages to seize his … [Read more...] about Texas Trivia- Who played the lone survivor of the Alamo in “The Man from the Alamo?”
It’s important for estate planning attorneys to stay up on the latest developments and techniques. The American Academy of Estate Planning Attorney held its semi-annual conference in Atlanta recently. Read on to learn more about the topics discussed at that cutting-edge conference. Staying Current on Estate Planning … [Read more...] about Staying Current on Estate Planning