You Deserve An Estate Plan As Unique As You

The Mundheim Firm, PLLC Legal Blog

8 Myths Your Texas Estate Planning Attorney Wants You to Know are Wrong

Whether you’re considering drafting a will, setting up a trust, or making financial decisions that will impact your heirs, misinformation can lead to costly mistakes. Estate planning is critical in managing your assets, inheritance, and ensuring that your beneficiaries are taken care of according to your wishes. Moreover, estate planning encompasses various dimensions,

5 Reasons You Need a Living Will in Texas

A living will,  actually referred to as a Directive to Physicians and Family or Surrogates in Texas, plays a crucial role in healthcare planning, particularly under circumstances where you might be unable to communicate your medical preferences due to illness or incapacitation. This document specifies your wishes regarding the administration,

What Is Involved In Uncontested Probate In Texas?

Uncontested probate refers to the scenario where there is no dispute among beneficiaries or heirs over the will’s validity or the distribution of the estate’s assets. This process is characterized by a cooperative and straightforward approach, where the court’s involvement is primarily limited to the initial validation of the will and the

How Do I Protect My Assets From A Nursing Home In Texas?

In Texas, the financial burden of nursing home care is a significant concern for many families. The average cost for a semi-private room in a Texas nursing home is approximately $140 per day, amounting to around $4,200 per month. However, prices can soar as high as $260 daily in areas

What to Consider When Including a Family Business in Your Estate Plan

Navigating the complexities of succession planning is crucial for safeguarding your legacy. The intersection of estate planning and family business ownership presents unique challenges and opportunities. Without a carefully considered plan, your heirs could face unnecessary probate, taxes, and even disputes that could endanger the very survival of the business you’ve built. Hence,

What Will Happen to My Business If My Business Partner or I Die or Become Incapacitated?

For business owners, the prospect of unexpected events such as death or incapacitation can raise significant concerns about their business’s future. Without proper planning, these events can disrupt operations, jeopardize the business’s viability, and cause financial hardship for stakeholders. The M Firm explores the importance of succession planning for business owners and

7 Reasons to Set Up A Trust In Texas

Planning for what will happen to your assets and estate after you’re gone can be an overwhelming task. There are so many decisions to make and even more options. For many, setting up a trust is an excellent solution, providing versatility and benefits for your specific circumstances. Marla Mundheim, lead trust and

Types of Wills in Texas. Which is Right for You?

No one wants to think about what will happen to their belongings after they’re gone. Still, you risk leaving these crucial decisions to the courts without the right will and proper estate planning. No matter your family situation or the size or value of your estate, having a will is crucial

What are the Best Methods for Leaving Money to Your Children?

From the moment your first child is born, your primary focus is keeping them safe and secure. But what about after you’re gone? Indeed, there are few parts of financial planning as vital as crafting a secure future for your children. Determining the most effective methods for leaving a financial legacy involves

The Mundheim Firm logo

Recent Posts

Archives

Archives

RSS Feed