Avoiding probate is a goal frequently stated by our estate planning clients. When “probate” is mentioned, it conjures images of conflict, time-consuming legal battles, exorbitant fees, and endless headaches. Clients may also be concerned about the lack of privacy in the probate process because … [Read more...]
Remarriage and Blended Families: Protecting Your Loved Ones through Estate Planning | Warren & Migliaccio
Remarriage and blended families are becoming increasingly common, especially here in Texas and across the United States. If you are considering remarriage, or already have a blended family, it is essential to have a comprehensive estate plan in place to protect the interests of all your loved … [Read more...]
Courts Allowing More Flexible Trust Amendments | Estate Planning in New Hampshire & Massachusetts | Warren & Migliaccio
As much as I enjoy writing about celebrity Estate Planning gone wrong, and less often, right, occasionally, a court opinion catches my attention. That’s particularly true when the decision will have lasting implications for Estate Planning. This blog returns to the basic lessons about amending a … [Read more...]
How Adult Guardianship Can Go Wrong | Estate Planning in New Hampshire & Massachusetts | Warren & Migliaccio
As the population ages, the number of seniors who cannot safely make financial decisions and/or care for themselves increases. When an adult needs someone to help make personal and/or financial decisions, adult guardianship can be a solution. Adult guardianship, however, gives the guardian … [Read more...]
Inheritance Planning Missteps: How to Steer Clear of Common Pitfalls – O’Drobinak & Nowaczyk, P.C. | Warren & Migliaccio
Inheritance planning is a critical task that ensures your assets are managed and distributed according to your wishes after your passing. However, it’s easy to fall into traps that could complicate or even undermine your intentions. Avoiding these common estate planning pitfalls is key to creating a … [Read more...]
Does a Spouse Automatically Inherit Everything in Texas?
When your spouse passes away in Texas, you might assume you'll automatically inherit everything. But the reality isn't always so straightforward. Various factors come into play, from community property laws to the existence (or absence) of a will. And let's be honest - navigating the legal … [Read more...]
Living Trust vs. Will in Texas
Estate planning is crucial in settling one’s affairs in the event of their incapacitation or death. From directing your wishes on medical treatment to distributing your assets to beneficiaries, estate planning gives you peace of mind and control over what happens to you and to the assets you … [Read more...]
How to Avoid Probate in Texas
Texas Probate is often an expensive and time-consuming process. The last step of the probate process is to distribute assets to your loved ones, so they are waiting a long time before receiving the property you left them. For these reasons, many people have avoiding probate as one of their estate … [Read more...]
Estate Planning For “Just In Case” Scenarios
There are many reasons why people devise an estate plan. Oftentimes, they are hoping to achieve a peace of mind in knowing that the future of their estate, assets, and legacy will be handed down to generations of friends and family they care about the most. While this general concept is a good one, … [Read more...]
