Category: Estate Planning & Probate

UPDATED: The Reality of COVID-19 (Coronavirus)

Author’s note: This blog post was originally posted on March 16, 2020. After six months, we felt certain updates were appropriate. Those updates have been indicated below. Clients, Partners and Friends: In light of the unfolding events we are all following closely regarding COVID-19, I wanted to share something important with you from an estate [..]

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EP 20/20: Essential Planning for Blended Families

EP 20/20 is a monthly estate planning seminar series developed by BOOK LAW FIRM and sponsored by the Prestonwood Foundation of Prestonwood Baptist Church in Plano, Texas.  Apart from the day-to-day challenges, blended families face additional hurdles when addressing their estate planning needs. It is estimated that more than half of U.S. families are remarried [..]

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How to Save Money on Property Taxes

How to Save Money on Property Taxes As retirees transition to a fixed income, managing expenses can be critical. Many will have paid off a mortgage by this time (shout HOORAY!), but one housing expense still looms:  property taxes. Thankfully, Texas law provides for a variety of property tax exemptions, which lower the taxable value [..]

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What is “Probate”?

Transferring ownership of cash, property, or real estate out of a deceased person’s name and into a living person(s)’ name can happen in several different ways. One way is through a court proceeding. Probate is the name given to that court proceeding. To be clear, a probate proceeding is a lawsuit. What’s more, there are [..]

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The Reality of COVID-19 (Coronavirus)

Clients, Partners and Friends: In light of the unfolding events we are all following closely regarding COVID-19, I wanted to share something important with you from an estate planner’s perspective which may help inform you as we endure this global health pandemic together. It concerns the execution of a Texas medical power of attorney. As [..]

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How Much Does Estate Planning Cost?

The call probably comes in once or more a week: Hi. I need to get a Will set up. How much does that cost? It’s a fair question. Clients deserve an expectation of the cost of service before going too far down the road with an estate planning attorney. Some callers are just shopping for [..]

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Do You Know Your “Spiritual Gifts”?

My number one spiritual gift is teaching. The Bible teaches that Christians are each given certain “extras” designed to help benefit all believers together (aka “the Church”). Sometimes these gifts are pretty miraculous. Sometimes these gifts are enhancements of our own natural abilities. The Bible calls them “spiritual gifts”. Spiritual gifting is how a guy [..]

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How To Die Without A Will

I recently hosted a seminar in Dallas-Ft. Worth as part of our estate planning series on the comparative differences between those who die with an estate plan (we called it a Will for brevity’s sake, but there are other planning options) and those who die WITHOUT a plan. Statistically, almost 60 percent of Americans say [..]

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