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What Is a Special Needs Trust Under Texas Law?

Under Texas law, a special needs trust is a trust that allows a person with a disability to have money put aside for their care. Additionally, the special needs trust still allows the person with a disability to be eligible…
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Special Needs Estate Planning: Basic Strategies and Tactics

Families with children with disabilities need to take extra precautions in their estate planning.  This is true regardless of whether the child with special needs is a minor or is now an adult – especially if they will one day…
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Can I Designate a Guardian for Myself or My Children in Texas?

In Texas, you can designate a guardian for yourself and your children. As an adult, you can assign a guardian in case you become incapacitated. Likewise, you can name a guardian for your children in the event that you pass…
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Estate Planning to Protect a Child with Disabilities

When you have a child with disabilities, planning for the future can be complicated. But it is even more critical for parents to plan for a time when you will not be there to care for and advocate for your…
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Helping Loved Ones With Special Needs Live Their Best Lives

From the minute your first child is born, your life changes. It’s cliché, but it’s true. Nothing that mattered before seems as important now because all that you can think about is how much you love your child. That feeling…
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Houston Special Needs Lawyers: Creating a Special Needs Trust or “SNT?” for Your Child with Disabilities

One of the tasks an estate lawyer in Houston may handle is estate planning for children with disabilities. Children with disabilities need ongoing care, including financial care, throughout their lives. The best course of action for a parent of a…
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Houston Special Needs Lawyer: Basics of a Special Needs Trust

For families that have loved ones with a disability, ensuring the care for their loved one once the caretakers are gone is of the utmost priority. The loss of specialized care and Medicaid or SSI benefits is a very real…
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What the Heck is a Pooled Trust?

When making decisions on care and insurance coverage for disabled and/or elderly loved ones, it is easy to get lost in the myriad of choices and complicated regulations. With Medicaid there are income caps, so individuals often do not qualify…
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Is Whole Life Insurance Right for You?

Term life insurance will cover you for a certain period of time. Alternatively, whole life insurance also includes a savings account known as its cash value, which builds over time. You can borrow against the cash value or surrender the…
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An IRA Trust Might Be Preferred Over Naming Individuals or a Revocable Living Trusts as the IRAs Beneficiaries

If you maxed out your work 401(k) by taking advantage of matching funds and rolled this to an IRA when you retired, you might not need all of that money—especially if you are a spouse with a pension and Social…
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