Monday, December 21, 2020

What Are My Options for Avoiding Probate?

The loss of a loved one exacts a heavy toll, and is particularly overwhelming when complicated by probate, the legal process whereby a decedent’s estate is administered to a clearly written will makes it easier for probate courts to distribute assets and resolve disputes. If a person dies without a will, the probate court relies on intestate laws to determine how to distribute the decedent's estate. Probate is often both lengthy and costly, but there are options for avoiding probate.

Read more . . .

Monday, November 23, 2020

How Much Does It Cost to Appeal a Social Security Disability Denial in Texas?

Usually, you do not have to pay attorney fees out of your own pocket when you appeal a denial of your claim for Social Security Disability benefits. The Social Security Administration (SSA) pays your lawyer directly out of the past-due amount when you win your case.

A Texas Social Security appeals attorney can review your case and handle an appeal if the SSA wrongfully denied your application for Social Security Disability Benefits.
Read more . . .

Friday, November 20, 2020

HIPAA Issues in Estate Planning

Congress intended the Health Insurance Portability and Accountability Act (HIPAA) of 1996 to protect people from invasions of their privacy about their medical records. Unfortunately, the well-intentioned legislation created HIPAA issues in estate planning. A Texas estate planning attorney can explain these problems and craft an estate plan that will meet your needs and goals without running afoul of the HIPAA regulations.
Read more . . .

Tuesday, October 27, 2020

What Will Cause Your Social Security Disability Benefits to Stop?

Once the Social Security Administration approves your Social Security disability benefits, you may continue to receive disability benefits indefinitely. However, some events can cause your disability benefits to stop. If your Social Security disability benefits stop, a Texas disability attorney may help you get your benefits restarted if a mistake or error caused your benefits to stop.
Read more . . .

Friday, October 23, 2020

What Are the Disadvantages of a Trust?

Trusts have become an increasingly popular estate planning tool. Individuals with significant assets and complex family dynamics favor trusts to avoid the expense, public record, and protracted probate process.

However, as attractive as trusts can be for some, they aren’t the right choice for everyone. To make the proper estate planning decision for your family, Texas trusts attorneys strongly encourage you to consider not only the aforementioned trust benefits but also a few common disadvantages associated with trusts.

What are the Disadvantages of a Trust?

Read more . . .

Friday, September 25, 2020

What Happens to My Estate if I Die Without Heirs?

What happens to your estate if you die without heirs in Texas will depend on whether you had estate planning documents or not. If you had a will or living trust agreement, your money and assets would get distributed according to the terms of those papers. If you did not have a will or living trust, you are intestate, and our state’s intestacy laws will determine who gets your estate.

Although it is rare, it is possible for the state of Texas to get everything that you left behind through intestacy. A Read more . . .

Thursday, September 24, 2020

What Are the Rights of a Trust Beneficiary in Texas?

The rights of the beneficiary of a trust in Texas will depend on the language of the trust and our state’s statutory and case law. Generally, the terms of the trust document will take precedence over the statutes about the duties of the trustee and the rights of the beneficiaries, but the Texas Trust Code sets some hard limits about how far the trust document can deviate from the statutes. Also, the type of trust and the type of beneficiary will affect the beneficiary’s rights.

If you have questions about the rights of a trust beneficiary in Texas, a Read more . . .

Thursday, August 20, 2020

Medicaid Planning: 3 Things You Should Do Right Now

The costs of nursing home and long-term care can be staggering, leaving many Texans to wonder if they have enough resources to see them through their final years? Rest assured, there are ways to receive government assistance without draining your life savings.

With a little planning and the expertise of a Texas Medicaid planning attorney, you can qualify for the help you need from Medicaid.

3 Things You Should Do Right Now to Qualify for Texas Medicaid

Read more . . .

Monday, August 17, 2020

What Are Spousal Lifetime Access Trusts (SLATs)?

Trusts offer many advantages: avoiding probate, managing distribution of assets, and ensuring that your wishes are carried out after your death. However, you might wonder if there are any benefits trusts provide to the living? The short answer is “Yes.”

Texas trust attorneys have been working diligently to advise clients about the merits of Spousal Lifetime Access Trusts. Read more . . .

Monday, July 27, 2020

5 Things You May Not Know About Special Needs Trusts in Texas

Garden-variety estate planning will not get the job done when you have a child with special needs. You want to provide financial security for your child’s future, but if he inherits assets directly from you when you die, he might lose his eligibility for public assistance programs like Medicaid and Supplemental Security Income (SSI). Losing those benefits could cost him far more than the amount you give him in your will or through intestacy.

Estate planning laws in Texas and other states created a specialized type of trust that addresses this problem.

What You Should Know About a Special Needs Trust

A Special Needs Trust, also called a Supplemental Needs Trust, lets you arrange for some financial means for your child without jeopardizing his access to government benefits.
Read more . . .

Thursday, July 23, 2020

Estate Planning for Single Parents - You Should Be Doing These 3 Things

Every parent should develop a complete estate plan to provide for and protect their children in the event that the parent dies before the child grows up and moves away from home. If you are living with the child's other parent, it is unlikely that the child will have to move away from the home, change schools, and adjust to a new neighborhood. For a single parent, there is no such safety net for the child.

Whether the relationship with the child's other parent ended through divorce or death or the other parent never was involved in the child's life, a single parent needs to provide far more protections for the child than a couple would need to arrange. There is not enough space here to cover all of the issues that a single parent needs to address in the estate plan.
Read more . . .

Archived Posts


© 2021 Law Office of Carey Thompson, PC | Disclaimer
728 S. Saginaw Blvd., Fort Worth, TX 76179
| Phone: 817-840-7503

Social Security Disability | Applying for Disability Benefits | Disability Benefit Appeals | Disability Hearings | Estate Planning | Medicaid Planning | Avoiding Conservatorship | Civil Litigation | Probate | Small Business Law | Special Needs Trusts | Incapacity Planning | Long Term Care Planning | Business Succession Planning | Revocable vs. Irrevocable Trusts | Lady Bird Deeds | Estate Litigation | Wills and Trusts | Pet Trusts | Charitable Planning | Gun Trusts | Living Wills | Power of Attorney | HIPAA Authorization | Startup Business | Trusts for Minors | Registered Agent Services | IRA Trusts | Spousal Lifetime Access Trusts (SLATs) | Gift Trusts | Beneficiary Rights | Trustees' Duties | Trust Administration | List of Impairments | SSDI Qualifications | List of Mental Impairments | List of Physical Impairments | Age 50 and Over | | Presumptive Disability Benefits | About | Practice Areas

Law Firm Website Design by
Amicus Creative