Following the Formalities Is Key
Sometimes it is good to go back to basics. Take wills, for example. Texas has very specific requirements for a will to be enforceable. Failure to follow the requirements will result in the will being tossed out of court.
So, what formalities does Texas require for your will? They are fairly simple.
Basic Requirements for a Valid Texas Will
The Will Must Be in Writing
Your will must be...
Most people have been hounded by their financial advisor or estate planner to put beneficiary designations on their financial investment accounts. Beneficiary designations are helpful because they indicate who is to receive the funds in the account, and that person can usually collect the account simply by providing a death certificate of the deceased owner. No probate is required, so it is a quick and easy way to transfer...
Football Meets Medicare Season
What happens every Fall? Cooler weather, turning leaves, football, and Medicare Open Enrollment. Guess which topic this column is going to cover today?
Football. Just kidding – we are going to talk about the ABCs of Medicare and Open Enrollment.
What Is Medicare?
Medicare is a federal program designed to provide a basic level of healthcare for people aged 65 and older. It is available to:
U.S. citizens
Lawful...