One would assume that the wealthy would have enough to lose that they would not make estate planning mistakes; however, everyone is susceptible to making mistakes, even the wealthy. In fact, they make some of the same mistakes that those with modest estates make. Some of the most common estate planning mistakes made by the wealthy include: Failure to update their estate plan. Although most people with large estates do have some type of estate plan in place, they often forget that they, more … [Read more...] about Estate Planning Mistakes of the Wealthy
Texas History – Do You Know How Many Years Sam Rayburn Served in the U.S House of Representatives?
Sam Rayburn attended the University of Texas School of Law while teaching school and was admitted to the State Bar of Texas in 1908. After being admitted to the bar, he won election to the Texas House of Representatives, beginning his first term in 1909. During his second two-year term in the Texas House, he was elected Speaker of the House at the age of twenty-nine. The following year he won election to the United States House of Representatives in District 4. He entered Congress in 1913 at the … [Read more...] about Texas History – Do You Know How Many Years Sam Rayburn Served in the U.S House of Representatives?
Thought for the Day:
Don’t cry because it’s over. Smile because it happened. Dr. Seuss … [Read more...] about Thought for the Day:
How the Elderly Are Being Swindled
When then President John F. Kennedy designated May as Older Americans Month there were 17 million Americans over the age of 65 in the United States. Today, the U.S. has over 40 million people over age 65 living here and by 2060 experts tell us that number will top 90 million. For the first time in history, older Americans will outnumber younger Americans (those under age 18). Unfortunately, the “greying of America” has produced an increase of potential victims for swindlers. Exact numbers are … [Read more...] about How the Elderly Are Being Swindled
Texas History – Do You Know How Many Lives Were Lost in the Hurricane of 1900?
The hurricane, or the 1900 Storm, as it became known, was a tidal wave that struck Galveston on September 8, 1900. The storm took the lives of 6,000 people, mostly by drowning. After the storm, the town’s population had been reduced by one-third, counting not only the dead and missing, but the 7,000 who moved out of Galveston and never returned. … [Read more...] about Texas History – Do You Know How Many Lives Were Lost in the Hurricane of 1900?
Thought for the Day:
Two roads diverged in a wood and I - I took the one less traveled by, and that has made all the difference. Robert Frost … [Read more...] about Thought for the Day:
Choosing a Guardian for Your Child
When most people think about their Last Will and Testament, they think about a division of their wealth after death. While your Will certainly does accomplish that goal, it can do other things as well such as nominate a guardian for your minor children. In the event that neither you nor the child’s other parent is able to care for the child, this person will do so, meaning that your choice of guardian should be made after careful consideration and deliberation. Consider the following tips when … [Read more...] about Choosing a Guardian for Your Child
What Should You Include in Your Incapacity Plan?
Your estate plan should do more than simply decide what will happen to your estate assets when you die. Although the additional components of your plan may differ from those of someone else, one popular addition to a comprehensive estate plan is an incapacity plan. Most people immediately think of old age related condition such as Alzheimer’s when they hear the term “incapacity planning.” While it certainly can protect you in the event of old age related incapacity, the reality is that … [Read more...] about What Should You Include in Your Incapacity Plan?
Texas History – Do You Know When License Plates Were First Issued in Texas?
In April 1917, the State Highway Department was established and it took over the vehicle registration duties from the county. On July 1, 1917, the statewide registration process began and the state issued the first official Texas license plates. The white on dark blue embossed iron plates were undated and intended to be permanent. The letters "TEX" went down the right side and 400,000 pairs were made in the first batch. A round "radiator seal" (white on red) was used to validate the plate. In … [Read more...] about Texas History – Do You Know When License Plates Were First Issued in Texas?
Thought for the Day:
To love means loving the unlovable. To forgive means pardoning the unpardonable. Faith means believing the unbelievable. Hope means hoping when everything seems hopeless. Gilbert K. Chesterton … [Read more...] about Thought for the Day:
