Paul PremackSep 4, 2020Should I do estate planning or just trust the StateHis job is to work with his legal counsel to make a plan of his own, since none of us will live forever.
Paul PremackAug 7, 2020Mistakes to avoid with Powers of AttorneyTexas law does not require the time-limitation in a power of attorney, but Texas law allows and enforces a time-limitation when included
Paul PremackJul 16, 2020Don’t let your Bank contradict your WillBanks know that their account agreement does, in fact under Texas law, beat the terms of the Will.
Paul PremackJul 9, 2020Conflicts over CremationHaving a person sign an Appointment of Agent for Disposition of Remains makes the funeral home’s job easier, especially for cremation.
Paul PremackJun 26, 2020Mom needs Contingency Plan to Pass House Title In the Will, you could state that you leave your house to your youngest daughter, under the terms of a Testamentary Trust inside your Will.
Paul PremackJun 8, 2020What happens when a traveler dies abroad?The most important factor is where you lived, not the location of your death. Dying away from your home city raises practical considerations
Paul PremackMay 18, 2020Can son or his wife witness my Will?Who may NOT act as qualified witnesses? Anyone who is named in the Will as a beneficiary or heir.
Paul PremackMay 11, 2020Did your deceased relative get a stimulus check from the IRS? What now? If your deceased relative got a stimulus payment from IRS, what are you supposed to do?
Paul PremackMay 4, 2020Who wins between Agent and Trustee?Durable power of attorney takes precedence over his individual domain while the Trust takes precedence over the trust’s domain.
Paul PremackApr 28, 2020Can I control who gets my IRA?The simplicity of the non-testamentary designation can interfere with planning for a more complex goal.
Paul PremackApr 7, 2020Can I be trustee and beneficiary of my trust?Doctrine of Merger: when trustee and beneficiary are the same person, without restriction on the assets
Paul PremackApr 1, 2020Does e-Signing avoid coronavirus?Signing estate planning documents is by law more restrictive that signing contracts and commercial documents.