Kristen J. Ishihara and Christopher A. Parker discuss ways you can protect your loved ones and their future.
Estate planning for blended families is crucial. Without a plan, assets may be divided unexpectedly. A will or trust ensures your wishes are honored, preventing legal battles and family disputes.
A Special Needs Trust protects a loved one’s benefits while providing financial support. Without one, an inheritance could disqualify them from Medicaid or SSI. Plan wisely to ensure their future secu
Texas Medicaid is limited for single adults. If you’re not pregnant, disabled, or a parent, you likely don’t qualify. Explore Marketplace plans, clinics, or discount programs for healthcare options.
Probate ensures a will is legally enforced, but it doesn’t avoid court. Proper planning, like trusts and beneficiary designations, can help bypass it. Prepare ahead to make things easier for loved one
A revocable living trust avoids probate but only works if funded and updated. Common mistakes include forgetting to transfer assets, naming the wrong trustee, and not informing family members.
Guardianship allows a court-appointed person to make decisions for someone who can't manage their affairs. It involves filing a petition, attending a hearing, and taking on serious responsibilities.
