Funds Hidden Heading Most people include charitable gifting in their estate plan because they have a personal connection to the charities to which they leave gifts; however, giving to charity in your estate plan often has an added benefit – decreasing your estates exposure to various taxes. Taxes are an important consideration in any well-drafted estate plan. To understand how your charitable gifting can impact your estate’s tax obligations. Topics covered in this report include: … [Read more...] about Free Report: Including Texas Charitable Gifting In Your Estate Plan
Free Report: Texas Estate Planning Myths and Misconceptions – How Much Do You Really Know About Estate Planning
This common misperception comes from the concept of state intestate succession laws. Only in very rare cases where absolutely no living heirs can be found will the state get your assets when you die. The state laws of intestate succession, however, will determine who does get your assets if you die without a valid Last Will and Testament in place. One reason people often give for not executing a Will is that they are married and, therefore, their spouse will get to decide who gets what when they … [Read more...] about Free Report: Texas Estate Planning Myths and Misconceptions – How Much Do You Really Know About Estate Planning
Thought for the Day:
“Don’t let mental blocks control you. Set yourself free. Confront your fear and turn the mental blocks into building blocks.” Roopleen … [Read more...] about Thought for the Day:
Does Medicaid Pay for In-Home Care?
Commonly referred to as the "graying of America", the American population is aging at an astounding rate. In fact, estimates tell us that by the year 2050 the number of older Americans (aged 65 and older) will outnumber younger Americans (under 21) for the first time in history. Not surprisingly, this has put issues faced by the elderly to be at the forefront of both the political arena and the social conscience in the United States in recent years. Specifically, healthcare for the elderly has … [Read more...] about Does Medicaid Pay for In-Home Care?
Texas History – Do You Know What Rail Line Was Called the “Boll Weevil Line” During the Early Twentieth Century?
The Trinity and Brazos Valley Railway of Texas came into existence on October 7, 1902, originally chartered to build a railroad from Johnson County to the Beaumont area near the Gulf coast. It took its name from the Trinity and Brazos rivers. It was commonly known as the "Boll Weevil," though it referred to itself as the "Valley Road." The first line opened between Hillsboro and Mexia in 1903, then it was extended north to Cleburne in 1904 for a total of 78 miles of track between Cleburne and … [Read more...] about Texas History – Do You Know What Rail Line Was Called the “Boll Weevil Line” During the Early Twentieth Century?
Free Report: The Texas Probate Process
In Texas, an estate can be probated in more than one way. The most formal way to administer and estate is formal probate with court oversight. court oversight. Independent administration, muniment of title, and a small estate affidavit are other options. As the name implies, independent administration allows the executor/administrator of the estate to conduct all administrative functions without the need for court approval after the court has opened the probate and approved the appointment of … [Read more...] about Free Report: The Texas Probate Process
Free Report: How Are Debts Handled After Someone Dies in Texas
Texas Hidden Heading If you are a beneficiary or heir of an estate you should understand how those debts could impact your inheritance. If you are the Executor or Personal Representative of an estate, you will be responsible for all aspects of creditor claims during the probate process, making it important that you understand the often complex rules for notifying and paying creditors of the estate. Most Personal Representatives (PR) retain the services of an experienced Texas estate … [Read more...] about Free Report: How Are Debts Handled After Someone Dies in Texas
Thought for the Day:
“Think big thoughts but relish small pleasures.” H. Jackson Brown Jr. … [Read more...] about Thought for the Day:
Should I Have a Durable Power of Attorney in Houston Texas?
Creating a comprehensive estate plan typically means creating and executing much more than just a Last Will and Testament. Exactly which additional documents will become part of your estate plan will depend on individual circumstances, goals, and concerns. Having said that, however, there are some estate planning documents that are commonly added to an overall estate plan. One of those is a durable power of attorney. Of course, you should consult with your estate planning attorney before … [Read more...] about Should I Have a Durable Power of Attorney in Houston Texas?
Texas History – Do You Know Who Was the First Sheriff of Navarro County?
James Buckner (Buck) Barry immigrated to Texas in 1841 and received a headright grant of 640 acres of land near Corsicana. There he did a little farming and a great deal of hunting. Barry soon joined the Texas Rangers, first as a member of an independent company at San Antonio, then as a member of Captain Thomas J. Smith’s Robertson County Rangers, and finally with John Coffee Hays’ company. Barry returned to his native North Carolina where he met and married his wife and began a family. He … [Read more...] about Texas History – Do You Know Who Was the First Sheriff of Navarro County?
