Community property laws in Texas give both spouses an interest in shared marital property. The income that both parties earn throughout the marriage and the property that they accumulated will typically all be part of the marital estate, and the spouses will typically...
San Antonio Legal Blog
What’s involved in changing a child’s designated legal guardian?
You put a lot of thought into choosing the person who would be your child’s legal guardian should anything happen to both you and your spouse. In fact, your child’s birth is what incentivized you to begin your estate planning. It’s been a few years (or maybe longer)...
Tips to prepare for the cost of divorce
Divorce is a complicated and emotionally taxing process that can also be financially draining. It is important to be prepared for the costs associated with a divorce to avoid any unexpected financial surprises down the road. Here are some tips to help you prepare for...
Revocable vs. irrevocable trusts: which one should you set up?
If you have worked hard your entire life and amassed a considerable amount of wealth, you certainly want to pass something down to the people and causes you care about upon your death. And while there are many ways of passing down wealth to the next generation (like...
Why is it so important to choose a trustee carefully?
A trust is one of the most important estate planning tools. With a valid trust in place, the grantor can avoid some estate taxes and bypass a costly, public and time-consuming probate while ensuring that their assets pass down to the people they care about when they...
3 things you should never tell your kids during divorce
If there is one thing most people agree on, it is that divorce can be extremely taxing, especially if children are involved. It is not uncommon for emotions to soar high when negotiating or litigating a child’s post-divorce living arrangements. One beautiful constant...
Should you make virtual visitation part of your parenting plan?
If you and your child’s other parent have decided to go your separate ways, you are likely concerned about maintaining strong bonds with your child while they’re spending time with your co-parent. As a result, you may want to consider adding virtual visitation terms...
2 reasons people add powers of attorney to their estate plans
The contents of a basic estate plan focus on what will happen to someone's property when they die. Someone can leave instructions for their assets and the care of their loved ones with a simple will and no other paperwork. However, quite a few adults add additional...
What to remember when creating a parenting plan
When filing for divorce, you have many issues to discuss and decide on with your spouse. One of the most important issues is child custody and creating a parenting plan. When creating a parenting plan, there are a few things to keep in mind. The priority is what is...
TRICARE and military divorce
If you’re divorcing a military spouse who’s either active or retired, you need to know as a civilian what military benefits you will lose and which you can keep. Your TRICARE health insurance coverage should be one of your priorities – particularly if you don’t have...