One of the most essential elements of an estate plan for Texas residents is creating a power of attorney for financial matters. This document is necessary if someone becomes incapacitated and cannot make their own decisions. The person you select as your...
Estate Planning And Probate
Watch out for these Texas beneficiary designation missteps
On Behalf of Blazier, Christensen, Browder & Virr, P.C. | Mar 9, 2023 | Estate Planning And Probate
A beneficiary designation gives you the power to transfer your assets straight to your intended inheritor. All you have to do in this process is complete a form and file it with the financial company that holds the asset. In this form, you also designate the person to...
Talking to your parents about their estate plan
On Behalf of Blazier, Christensen, Browder & Virr, P.C. | Feb 16, 2023 | Estate Planning And Probate
When a parent dies, there is a chance that you will inherit assets such as a car, boat or a Texas home. Of course, it's also possible that you'll receive nothing or will want to liquidate your inheritance in favor of cash. Having estate planning conversations with...
What you need to know about estate planning for blended families
On Behalf of Blazier, Christensen, Browder & Virr, P.C. | Jan 9, 2023 | Estate Planning And Probate
If you are in a blended family in Texas, then you know that things can get a little complicated when it comes to estate planning. Sometimes, for instance, it might be unclear who should inherit which assets, or how to ensure that each family member is taken care of...
What to include in your retirement estate plan in Texas
On Behalf of Blazier, Christensen, Browder & Virr, P.C. | Jan 4, 2023 | Estate Planning And Probate
When you retire in Texas, you probably look forward to enjoying more free time. However, given the challenges that come with aging and the need to leave your loved ones in good hands, estate planning will be among the most important decisions you'll have to make as...
4 big estate planning mistakes you might be making in Texas
On Behalf of Blazier, Christensen, Browder & Virr, P.C. | Dec 9, 2022 | Estate Planning And Probate
After you die, if you haven't made an estate plan or if your plan is outdated, there's no way to change your wishes regarding the distribution of your assets. The court will let the carelessly made plans stand or dismiss them and use Texas intestacy laws to give out...
People that can contest a will in Texas
On Behalf of Blazier, Christensen, Browder & Virr, P.C. | Sep 13, 2022 | Estate Planning And Probate
Under Texas Probate Code Section 93, a person can challenge a will if they have a reason to believe that something is wrong with it. However, this capability is only restricted to individuals referred to as "interested parties." Understanding interested parties in...
Here’s when to update your estate plan in Texas
On Behalf of Blazier, Christensen, Browder & Virr, P.C. | Sep 12, 2022 | Estate Planning And Probate
Creating an estate plan in Texas is essential to protect your assets after your death. Updating and reviewing your estate plan should be done regularly to ensure it remains accurate and valid. When you get married or divorced Remember to revise older estate plans when...
Should you opt for a TOD account or revocable trust?
On Behalf of Blazier, Christensen, Browder & Virr, P.C. | Aug 16, 2022 | Estate Planning And Probate
Countless people are wondering whether a TOD account or revocable trust is the best option for their particular estate planning situation in Texas. Both offer a way of passing your assets down while working around the expensive and time-consuming drawbacks of probate....
Estate planning laws in Texas
On Behalf of Blazier, Christensen, Browder & Virr, P.C. | Jul 18, 2022 | Estate Planning And Probate
Since we won't be able to take our possessions with us when we pass away, estate planning and probate is necessary to ensure that our loved ones receive our belongings in accordance with our wishes. In many states, including Texas, a person's estate can be inherited...