The term “liquidity” refers to the immediate value of an asset. Most people are familiar with the concept, if not the word. Cash is the most liquid of all assets because you do not have to do anything, or take any steps, to benefit from the value of cash. Other assets have varying degrees of liquid value. To illustrate the concept, imagine that your spouse is suddenly, and unexpectedly, stricken with a medical condition that requires an immediate and expensive surgery. Topics covered in this … [Read more...] about Free Report: Texas Estate Liquidity – Why It’s Important
Famous Estates – Legacy Champ or Chump?
Edwin Gould (1866-1933) - Capitalist Edwin Gould was an American capitalist and railway official who was the son of railroad financier Jay Gould. Gould accomplished many things during his life, including serving as secretary of the St. Louis, Arkansas, and Texas Railway; serving as Vice-President and President of the St. Louis Southwestern Railway and serving as President of the Five Boroughs Realty Company.. The philanthropic work of Gould's mother-in-law, Hester Shrady, was a major influence … [Read more...] about Famous Estates – Legacy Champ or Chump?
Thought for the Day:
“You’ll learn, as you get older, that rules are made to be broken… Go against the grain, refuse to conform, take the road less traveled instead of the well-beaten path. Laugh in the face of adversity, and leap before you look. Dance as though EVERYBODY is watching. March to the beat of your own drummer. And stubbornly refuse to fit in.” Mandy Hale … [Read more...] about Thought for the Day:
Can Someone Contest a Trust in Houston Texas?
Although a Last Will and Testament is usually the foundation of a comprehensive estate plan, most plans include a variety of documents in addition to a Will. One of the more common additions to a thorough estate plan is a trust. A question that frequently comes up –typically from a beneficiary – is “Can you contest a trust?” The simple answer is that yes, a trust in Houston Texas can be contested. A trust is a legal entity that requires four elements for creation --- a trustor, a trustee, a … [Read more...] about Can Someone Contest a Trust in Houston Texas?
Texas History – Do You Know What Newspaper Publisher Had the First Telephones Installed in Texas?
Alfred Horatio Belo moved to the Houston area at the end of the Civil War. There he met newswriter Willard Richardson, who published the Galveston Daily News and the Texas Almanac. Belo’s intelligence led Richardson to ask him to become a partner in his publishing business. Belo incorporated the newly-invented telephone by successfully linking his home to the Galveston Daily News. The newspaper was recognized for taking advantage of the latest printing technology available at the time. After … [Read more...] about Texas History – Do You Know What Newspaper Publisher Had the First Telephones Installed in Texas?
Free Report: Including the Family Pet In Your Estate Plan
For most people the primary goals of an estate plan are to provide the framework for the division of estate assets upon death and to provide for family members and loved ones upon death. If you have a pet (or two) that you treat as part of the family, has it occurred to you that your pet should be included in your estate plan? Legally, your pet is considered your property, meaning your pet should be included in the division of your estate assets. Topics covered in this report include: … [Read more...] about Free Report: Including the Family Pet In Your Estate Plan
Famous Estates – Legacy Champ or Chump?
Etta James (1938-2012) - Singer Etta James, born Jamesetta Hawkins, was an American singer, whose style spanned a variety of music genres including blues, R&B, soul, rock and roll, jazz, and gospel. In the beginning of her career, James possessed the vocal range of a contralto, and was marketed as an R&B and doo-wop singer in the mid-50s. Then after signing with Chess Records in 1960, James broke through as a traditional pop-styled singer, covering jazz and pop music standards on her … [Read more...] about Famous Estates – Legacy Champ or Chump?
Free Report: Estate Planning – Trust Basics
An estate plan should be as unique and individual as the person creating the plan. There are, however, some common features in estate plans. A Last Will and Testament, for example, is the foundation of any estate plan. Beyond that, many people choose to include one or more trusts in their estate plan. Topics covered in this report include: What Is a Trust? Choosing a Trustee Trust Terms Revocable or Irrevocable? Testamentary or Living? Special Purpose Trusts Click here … [Read more...] about Free Report: Estate Planning – Trust Basics
Thought for the Day:
“Get going. Move forward. Aim High. Plan a takeoff. Don't just sit on the runway and hope someone will come along and push the airplane. It simply won't happen. Change your attitude and gain some altitude. Believe me, you'll love it up here.” Donald J. Trump … [Read more...] about Thought for the Day:
When Is It Too Late for Medicaid Planning in Houston Texas?
People often think of the Medicaid program is a program only for low income children or families. While the Medicaid program does indeed provide assistance to low income children and their families, it can also provide critical healthcare coverage to older Americans. Unfortunately, many seniors are unaware that they may need Medicaid coverage at some point in the future and therefore fail to plan accordingly. This frequently leads to the question "When is it too late for Medicaid planning?" The … [Read more...] about When Is It Too Late for Medicaid Planning in Houston Texas?
