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Category: Estate Planning

by baileylawfirm

Prenuptial and Postnuptial Agreements in Texas

At first glance, prenuptial and postnuptial agreements may seem to differ in nothing more than their timing: a prenuptial agreement (also known as a “premarital property agreement” or “prenup”) is… Read More

Business Law, Contracts, Estate Planning Leave a comment
by baileylawfirm

Hobby Assets: Business and Estate Planning Considerations

Though hobbies are often seen as trivial, any category of assets with significant value should be treated as an important part of a person’s estate. Whether your hobby deals with… Read More

Business Law, Estate Planning Leave a comment
by baileylawfirm

The Difference between Financial Planners and Estate Planning Attorneys

People often confuse the roles that financial planners and attorneys hold in the estate planning process. Each has distinct duties and a different set of responsibilities within the estate planning… Read More

Estate Planning Leave a comment
by baileylawfirm

Planning for Incapacitation

Estate planning is more than just planning for what happens after death. Though it is less often discussed, planning for incapacitation is essential. It is possible for a person to… Read More

Estate Planning Leave a comment
by baileylawfirm

Planning for the Unthinkable

It’s natural to want to avoid thinking about and planning for the worst case scenarios in life. Whether it’s planning for injuries, loss of mental or physical capabilities, or even… Read More

Estate Planning, Wills Elder Abuse, Incapacitation, Power of Attorney Leave a comment
by baileylawfirm

Do You Need Life Insurance?

Cost/Benefit Analysis for Life Insurance Every month some people put money into expensive life insurance policies which they may not need rather than having more money to put into groceries,… Read More

Estate Planning, Healthcare Leave a comment
by baileylawfirm

How Does Divorce Impact your Estate Planning?

Most State Laws Protect Spouses’ Rights State laws vary from state to state on the rights of spouses and children following the death of spouse or parent. Most states have… Read More

Estate Planning Divorce Leave a comment
by baileylawfirm

How Does Debt Impact an Estate Plan?

The downturn in our economy over the past few years had created a situation where people are carrying more debt and a record number of homes are in foreclosure. When… Read More

Estate Planning Leave a comment
by baileylawfirm

How Much Money Should You Put in a Trust for Your Children?

Every parent should have a trust to provide for the financial well-being of their children in case some tragedy should make it necessary for someone else to care for their… Read More

Estate Planning, Trusts Leave a comment
by baileylawfirm

What Is Probate and Why Does Everyone Try To Avoid It?

Probate is the legal process of settling a person’s estate. Probate requires a court appearance and can take many months to complete. When an estate is in the probate process,… Read More

Estate Planning Leave a comment

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Recent Posts

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  • Prenuptial and Postnuptial Agreements in Texas
  • Why Should My Business Use Outside Legal Counsel?
  • Understanding Copyright Law for Producers and Content Creators

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Suite 215
The Woodlands, TX 77380
(832) 510-2900

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Houston, TX 77002
(832) 510-2900

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