June 2019 Archives

Estate planning, spouses and passwords

Women in Texas should know that being able to access important estate and financial information after the death of their spouse has always been a serious issue. This is because statistics show that women have a higher likelihood than men of being widowed or having a spouse with a grave medical condition. The issue has become more pronounced since the spread of digitization. Due to digital passwords and records, fewer paper records are available that can be used to help locate unknown accounts.

What to consider when choosing a guardian for a minor

Individuals who have young children will ideally choose a guardian for their kids as part of their estate plan. Failing to do so likely means that the courts decide who will raise the children and manage any assets that they received. Furthermore, the confusion caused by not naming a guardian could lead to strained relationships between family members and make it harder for the children to adjust to their new situation.

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