by Keith Hajovsky | May 15, 2024 | General Estate Planning, Medical Power of Attorney
Do I need a medical power of attorney? A medical power of attorney is one of the five estate planning documents that everyone should have (the others being a will, power of attorney, living will and HIPAA authorization). Compared to a ‘regular’ power of...
by Keith Hajovsky | May 8, 2024 | Asset Protection, General Estate Planning, Power of Attorney
Why do I need a power of attorney? A power of attorney, sometimes called a durable power of attorney, is a very important part of an estate plan. It’s is a legal document that gives someone you fully trust the legal authority to act on your behalf in making...
by Keith Hajovsky | May 1, 2024 | Estate Administration, General Estate Planning, Intestate - Dying Without A Will, Wills
Why do I really need a will? I imagine just about everyone has at least thought about getting a will at some point in time, but many studies show that over half of all adult Americans do not have even the most basic estate planning documents. I think a big reason that...
by Keith Hajovsky | Apr 24, 2024 | Asset Protection, General Estate Planning, Trusts, Wills
At the state level, there is not an estate tax in Texas to be concerned about by anyone, but at the federal level there is. However, less than 1% of the population in Texas or even in the United States needs to worry about this. This is because even though an estate...
by Keith Hajovsky | Apr 17, 2024 | General Estate Planning, Probate, Trusts, Wills
If you have life insurance or plan to buy some, then you should definitely discuss it with your estate planning attorney. Whether you have the payout on the policy go directly to an individual beneficiary, to your estate, or to a trust, life insurance plays a...
by Keith Hajovsky | Apr 10, 2024 | Estate Administration, General Estate Planning, Living Trusts, Probate, Testamentary Trusts, Trusts, Wills
An executor and a trustee play very large and important roles in your estate plan. But what’s the difference between an executor and a trustee? Knowing what their roles are can help you make better choices for these positions. An executor is the person you name in...
