5 Social Security Myths
Social Security is among the most critical safety nets for older Americans and individuals with disabilities. If you are approaching retirement age, or if you are already receiving benefits after retirement or due to a disability, it is likely that you already recognize how vital Social Security benefits are to your future.
Can My Spouse Make a Will Without My Knowledge in Texas?
A last will and testament (or, simply, a will) is among the most crucial elements of an effective estate plan. In most cases, married couples tend to create their estate plans and wills together to ensure they are on the same page about how their individual and shared assets will be distributed...
What Is the Maximum Back Payment for SSDI?
Social Security Disability Insurance (SSDI) back payments are an important concern for many applicants, designed to provide financial support for the time between a disability's onset and the approval of a claim. These payments help bridge the gap during the waiting period, offering much-needed relief. Understanding the specifics, including how maximum back...
5 Things Every Woman Should Know About Social Security
Are you curious about how Social Security can shape your financial future? Many women find themselves pondering this very question. Social Security encompasses more than just retirement benefits; it's an important safety net that offers support during retirement, disability, and loss of a spouse. Knowing how to maximize these benefits can significantly...
What Are The Benefits of a Directed Trust?
Estate planning ensures your assets are managed and distributed according to your wishes after you're gone. Among the many tools available, directed trusts stand out for their flexibility and control. This unique arrangement allows you to separate duties among trustees, tailoring management strategies to fit both your desires and the specific...
What Is the 5-Year Rule for Social Security Disability?
Navigating the area of Social Security Disability Insurance (SSDI) can sometimes feel like deciphering a complex puzzle, especially when it comes to rules that determine eligibility. One such rule, often surrounded by questions and confusion, is the "5-Year Rule." This guideline helps determine who qualifies for SSDI benefits based on their recent...
What Is a Charitable Remainder Trust?
A trust is a legal arrangement in which one party (the trustor) gives another party (the trustee) the right to hold and manage assets for the benefit of the trustor or a third party (the beneficiary). A charitable remainder trust (CRT) is a special type of trust that lets you support...
What Is a Directed Trust?
Directed trusts offer flexible and effective solutions for those wanting precise control over how their assets are managed and distributed. A directed trust might be appropriate if your estate includes complex or high-value assets, like businesses, real estate, or investment portfolios. This type of trust is also suitable for situations where...
How to Revoke a Texas Power of Attorney
If you previously created a power of attorney, it’s important to review it regularly to make sure it still serves your best interests. In some cases, it might be necessary to revoke a power of attorney to suit your present circumstances. Here’s what you need to know about revoking a power...
Five Things Farmers and Ranchers Need to Know About Estate Planning
Farmers and ranchers face special considerations in estate planning due to the unique nature of their assets and operations. Key among these is ensuring the smooth transition of land, livestock, and equipment while minimizing tax burdens. Many farmers and ranchers must also navigate challenges related to land leases and multi-generational family...