A common misconception we hear in consultations with existing and prospective clients is that a person can be too young for estate planning. They are legitimately under the impression that people in their 20s and early 30s are not yet at the point in their lives when wills, trusts, powers of attorney, and other important…
Brian and Jennifer could not be happier about their recent wedding. After months and months of meticulous planning and constant daydreaming about their special day and the moment they each would say “I do,” they can finally call themselves Mr. and Mrs. and look forward to a bright future together. Surprisingly, one of the first…
If you and your family are ready to craft an estate planning strategy and have chosen Nelson Law Group, PC to guide you in the right direction, you may encounter a few terms and phrases along the way that you have never heard before. Near the top of that list are four commonly used titles:…
We caution existing and prospective clients all the time about the dangers of neglecting their estate planning strategies altogether. Simply put, everyone needs to have a plan in place for the day they die or become incapacitated, and getting it done sooner rather than later is always best. But what about those who do have…
Last year, a LegalZoom.com survey found that 62% of Americans still do not have a will. And of those who do, 12% got one within the past 12 months. The importance of a will cannot be overstated, but as you rush to have yours drafted, please seek help from a knowledgeable estate planning attorney. With…
Blog Posts on Estate Planning. No one likes to think about the day when they are no longer around to enjoy their family, pursue their dreams, and relax with the people they love the most. For many older adults, the topic of their own mortality is so painful that they refuse to discuss it at…
Thank you for voting Nelson Law Group as the Best of Denton County At Nelson Law Group, PC, we are blessed to be the lawyers you turn to when it matters most. We know you have options when it comes to choosing a knowledgeable and experienced lawyer during the more difficult times in your life,…
A Last Will and Testament is a legal document that lists all your property and how you wish for it to be distributed after you are gone. We have written about wills plenty of times, and it should go without saying that having one is extremely important. The problem is that many people do not…
A trustee is best defined as an individual or individuals who have been named to manage a trust’s assets and carry out the purpose of the trust after you die or are unable to physically do so on your own. Naming a trustee is typically one of the first things you will do when establishing…
Very early in the estate planning process, you will be asked to select one or several people in your newly-crafted will or trust to pass your assets and other belongings to after you die. This is called a beneficiary, though you may have also heard the term “heir” thrown around. Trust us when we say…