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417 items found for "life insurance"

  • Estate Planning During a Divorce: 4 Key Considerations

    You have planned your life carefully. Together, you have put insurance policies in place for health, life, and disability. Understand How Life Insurance Works If you and your spouse have life insurance, be clear on how it is Life insurance is an important component of any divorce settlement, to guarantee the continued flow of Having a trust as owner of the insurance policy is a great way to avoid gaps and pitfalls in insurance

  • Don’t Forget to Fund Your Revocable Living Trust

    In addition, revocable trusts – sometimes called “living” trusts – are incredibly flexible and can achieve Depending on the institution, they will likely require a copy of the trust in order to ensure the trust Your Legacy Legal Care, our full-time Funding Coordinator is here to provide assistance in-house to ensure If you are placing real estate into the trust, you should consult with your attorney to ensure it is You should also consult with your attorney before placing life insurance or annuities into a revocable

  • Estate Planning Checklist for the Recently Divorced

    Starting a new chapter in life can be scary, thrilling, and more than a little uncertain. Life Insurance Most people list their spouse as their primary life insurance beneficiary. other retirement accounts, so take the time to make sure each one is updated to reflect changes in your life Take action today to ensure that your wishes will be met no matter what the future holds. To ensure the proper distribution of your assets, click here or call us at (281) 885-8826 to schedule

  • Dealing with Non-Probate Assets| Houston Probate Lawyer

    Life insurance is one such example where payouts go directly to the beneficiary. Life estate and inter vivos trust also are considered non-probate assets.   with rights of survivorship Retirement accounts such as IRAs or 401(k)s that have a beneficiary named Life insurance proceeds that do not have the estate named as a beneficiary Assets held in a living trust But, only an experienced estate planning attorney can help you set up your assets to ensure that outcome

  • Better Brain, Better Life: Getting Off the Road to Alzheimer’s

    by Kim Hegwood, estate planning and elder law attorney, and Tamara Claunch, Integrative Wellness and Life For the full conversation on this topic, view the Life Happens podcast episode with Kim and Tamara here What I like to explain to people is that Alzheimer’s, in a way, is like any other chronic degenerative habits, new patterns, and new practices that support who the client is and where they want to be in life , excitement, resources, tools, and a plan you can execute to have better brain health and a better life

  • Retirement Planning 101

    a review of your estate plan and portfolio investments, tax planning, education funding strategies, insurance Coordinate your insurance with any that your employer offers. Life insurance should also be examined to provide for loved ones in case of your death. Long-term care insurance should be considered. Education. We are living longer, and planning for a long retirement is critical.

  • The 4 Top Estate Planning Tips for Business Owners

    and taxes Depending on how a business is owned and how much it is worth, estate taxes can become an insurmountable Invest In Life Insurance Speaking of liquidity, the way most businesses ensure they have enough cash to pay the bills after an owner’s death is by purchasing life insurance that names the business or other

  • Navigating Long-Term Care Insurance with Your Houston Elder Lawyer

    Do I Need Long-Term Care Insurance? Without long-term care insurance, life can become particularly difficult. Long-term care insurance can be expensive, but it can end up saving your estate in the long run. Your Houston elder lawyer will be able to present you with a variety of options for long-term care insurance that will cover expenses between the time that it is determined you need long-term care and when your insurance

  • The Importance of Estate Planning for Young Families

    Having a plan in place can ensure that your assets are distributed according to your wishes and your It involves creating a will, setting up trusts, and designating beneficiaries for your life insurance Estate planning ensures your children are cared for by those you love and trust. Beneficiary designations for your life insurance policies and retirement accounts ensure that the funds It is a process that should be reviewed and updated regularly to reflect changes in your life and circumstances

  • What You Cannot Do With a Will

    Life insurance. Life insurance passes to the beneficiary you name in the life insurance policy and is not affected by Similar to life insurance, money in a retirement account (e.g., an IRA or 401(k)) passes to the named If you would like to leave money to your furry friend or leave instructions for their care, you will If you would like your gifts to be conditional, a trust may be the better tool to use.

  • How to Divide Your Assets among Your Children

    This includes those with behavioral disorders like alcohol or drug abuse. One solution is making them the beneficiary of a life insurance policy, payable to the heirs who have

  • 4 Genius Ways to Avoid Probate in Texas

    Luckily, there are several strategies you can employ to bypass probate and ensure a smoother transfer Establish a Revocable Living Trust You can easily avoid probate in Texas by setting up a revocable living Life Insurance Policies: Term and permanent life insurance policies can have designated beneficiaries To use a Life Estate deed for real estate planning and probate avoidance in Texas, you will need to ensure that Life Estate deeds are legally recognized in your state and understand the specific requirements

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