Frequently Asked Questions About Estate Planning

What Is An Estate?

Many years ago, a neighbor’s teenaged daughter asked me what type of law I practiced. When I told her I focused on estate planning, she looked at me bewildered. “You mean, like mansions?” she asked. It was clear she was envisioning something like the image above. She’s not the only one confused. I once got an … Read More

What is a Lady Bird Deed?

A “Lady Bird Deed” is another name for an enhanced life estate deed, which allows a property owner to transfer property at death without the necessity of probate. It is nicknamed “Lady Bird” because many people think that President Lyndon B. Johnson conveyed some land to his wife using this type of deed, although there … Read More

Will my End-of-Life Wishes Be Honored if I am Pregnant?

Erick Munoz’s nightmare began on November 26 when he found his wife, who was 14 weeks pregnant, lying unconscious on their kitchen. Although she was rushed to the hospital, it was too late. Doctors at John Peter Smith Hospital in Fort Worth, Texas told the family Marlise Munoz was brain dead. Marlise, a paramedic, didn’t … Read More

How Do I Manage Someone Else’s Money?

If you are serving as a financial caregiver, you likely have a lot of questions about your responsibilities. The Consumer Financial Protection Bureau recently released some booklets that may help answer them. Whether you’re an agent under a power of attorney, a court-appointed guardian, a trustee or a government fiduciary, the “Managing Someone Else’s Money” … Read More

Does My College Student Need Estate Planning?

A couple of years ago, I wrote blog post titled “Three Estate Planning Documents Every College Student Needs.” The post was prompted by a Facebook page I came across, which was started by an irate mother after a nurse refused to provide her with information about her daughter who was injured in a car accident … Read More

You’ve Signed Your Estate Planning Documents — Now What?

Once you’ve signed your estate planning documents—your will, powers of attorney and other important paperwork—you’re more prepared than most Americans. However, you’re not out of the woods yet. You need to make sure they’re ready when you need them. Keep them safe: Put your estate planning documents in a safe place, keeping in mind that … Read More