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Estate planning isn't really about who gets your stuff when you pass away. Estate planning should include a plan to take care of you during your lifetime. Your estate planning should include the following essential documents: General Durable Power of Attorney, Health Care Power of Attorney, HIPAA Authorization, Advance Directive for Health Care, Personal Property Memorandum, and a separate Firearm (Gun) Trust for those who are gun enthusiasts.
Elder Law is first and foremost about empowering seniors. Elder Law services enable you to make your own choices and decisions about managing life as you age. Everyone wants to have some control over the future, and Elder Law helps you do just that. The main areas that Elder Law affects include your living arrangements, your financial well-being, your healthcare options, and your ultimate disposition of assets.
Probate is the court process of distributing property when one passes away with only a will or no estate planning at all. If you own real estate when you pass away – or when both you and the joint tenant have passed away, if you own it in joint tenancy – then the estate will go through probate. Probate can be a lengthy and complicated process, even if everything goes as planned.
A guardianship is the court procedure for appointing a Guardian to care for the health and/or finances of an incapacitated individual. A Guardian can be placed in charge of the person’s property, the individual’s person, or both. The court monitors the guardian to ensure he or she is looking out for the best interest of the incapacitated individual. If you think your loved one may be in need of a guardianship, The Anderson Law Firm is here to help assess all of your options to find the best course of action for your situation. We’ll help walk you through the guardianship process and understand your responsibilities as a Guardian.
Individuals with disabilities often receive governmental assistance to maintain their quality of life. A Special Needs Trust or a Supplemental Needs Trust can be used to supplement (but not replace) those government benefits. Establishing a trust can mean the difference between your loved one maintaining their benefits or disqualifying them from their benefits. The costs are too high to not plan ahead.
Many Veterans and their families are eligible for benefits but do not receive them. How is this possible? Some veterans haven’t heard about all the benefits available to them. Others struggle to complete complicated applications or fall victim to a grueling and frustrating approval process. This is particularly true of one the most valuable benefits—the Aid and Attendance Pension Program.
The practice of real estate law involves a varied and often highly complex set of activities centering on sales and acquisitions, title, land use, environmental, development, leasing, finance, joint ventures, restructuring and workouts, and litigation.
Business law refers to the laws that govern the dealings between people and commercial matters. A lot of business law involves trying to prevent problems that can hurt the business or cause legal disputes. Business law starts with setting up a business. In the eyes of the law, each business is their own legal entity. Starting a new business typically starts with filing the paperwork that makes the business formally exist in the government’s eyes. Business lawyers help decision makers weigh the pros and cons of each entity when they’re starting a business. They help educate the business founders in the law in order to help them choose the entity that’s in their best interests. Then, they help them file the paperwork to formally start the business.
Mineral discoveries throughout Texas may raise legal issues for property owners regarding their interests in valuable natural resources. In addition, Texas’ dynamic oil and gas industry requires individuals to pay utmost attention to the terms of mineral leases, as there is no standard lease form that all companies use. Contractual leases bind parties to one another and protect both parties’ rights regarding what can and will be done to the property during the lease period.
Prenuptial agreements are good for a number of reasons, such as helping protect family wealth or family businesses or opening the conversation for couples to discuss finances. However, talking about a prenuptial agreement with your significant other can be a difficult conversation to have. The Anderson Law Firm can represent you in negotiating your prenuptial agreement to ensure you feel confident before going into the signing and marriage.