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…
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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…
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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,…
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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…
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When you initiate a Power of Attorney, whether for financial purposes, medical, or other, you must choose someone to act on your behalf should the time come when you are unable to make decisions for yourself. This person is known as an attorney-in-fact, and while not necessarily a lawyer, they have a fiduciary responsibility to…
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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…
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Law Terms – The Ultimate Guide – Updated At Nelson Law Group PC, we believe in educating our clients. Over the last few years, we have regularly published several law terms that you should know. What you will find below is all of those terms in one convenient post. The law topics below cover the…
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Remember when you were younger, and you and your friends would occasionally need to back up each other’s stories to avoid getting into trouble with your parents? It was all a bunch of harmless fun, but because the possibility existed that mom and dad might get upset, you always made sure the story was straight…
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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…
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Let’s say that you and your wife finally got all your estate planning ducks in a row. You met with an attorney, had your questions answered, and when all the dust settled, you had a carefully-crafted last will and testament. But that was several years ago. A few things have changed in your life, and…
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