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Temple, Texas, General Practice Blog

Why people don't even talk about estate planning

There's an interesting issue in the United States where everyone knows they'll need an estate plan, but many people never write a will. Similarly, children often understand that their parents need to talk to them about estate planning -- four out of five people claimed these conversations were important in one study -- but less than one out of three families actually sit down to have that talk.

Why do they avoid these critical conversations? Reasons include:

  • Trying not to confront undesirable possibilities
  • Not wanting to talk about death
  • Worrying about how family members are going to react
  • Lacking the knowledge needed to start the conversation
  • Feeling that it's just not the right time for that conversation

Increasing financial security for older women post-divorce

Divorce brings financial changes to each spouse, and sometimes these changes can have a negative impact on a person's future for years after the divorce is final. It's inevitable that the end of a marriage will require adjustments, and for older women, it's hard to overcome post-divorce challenges. It's particularly important for older individuals to secure a final order that allows for security in retirement.

In the past, older women often struggled significantly after divorce. If you are an older women and you are facing divorce, you probably have overwhelming concerns about what your future will look like. Thankfully, the news isn't all bad. Studies find that financial confidence for older women post-divorce is higher than ever.

18-year-old, mother killed in catastrophic Texas collision

The Nacogdoches, Texas, community is in mourning after a traffic accident left a teenager and her mother dead, and her 21-year-old brother critically injured.

The family had been celebrating a happy occasion – the girl's impending departure to study at Mississippi State – and was en route home when the accident occurred.

Texas investors say property manager collected rent and kept it

Several Texas real estate investors say they are out thousands of dollars, accusing a property manager of alleged property management fraud.

Now, the Texas Real Estate Commission has been left to investigate the woman's alleged actions.

What information may help you as the executor of an estate?

When Texas residents begin estate planning, they often consider who they would like to act as the executors of their estates. In a best-case scenario, if your loved one wants you to take on this role for his or her estate, you will know in advance because you will have discussed the topic with your loved one.

Not only does knowing about the role and accepting it in advance prevent you from unexpectedly finding out your loved one named you as executor in the will, but it also allows you to prepare for the role while your loved one is still living. As the executor of the estate, you will handle many personal affairs for the person after his or her passing, so discussing those affairs ahead of time is wise.

8-year-old girl dies after being stuck by car; driver charged

A Texas family is mourning the death of an 8-year-old girl, who passed away after she was struck by a hit-and-run driver.

The girl was walking with her sister and brother at the time she was hit. Officials with the Fort Bend County Sheriff's Office said the driver, a 39-year-old woman, confessed to hitting the girl, leaving her with serious injuries. Authorities said the driver ran a stop sign.

What damages could you receive when taking your claim to court?

Filing a lawsuit more than likely wasn't your first option when you found yourself suffering some sort of harm at the hands of another person. Litigation in Texas' civil courts covers a range of claims from breach of contract to wrongful death and everything in between.

Like most other people, you may wonder what types of damages, or compensation, you could receive if you succeed in proving your claim. Some general categories exist, but the type of damages you could receive may also vary depending on the type of lawsuit.

Tips for closing on a commercial property purchase

Buying commercial property is a big decision on many fronts. For example, if you're buying a building for your company, you must make sure you get a fair price and that it's big enough to accommodate all your needs.

After you sign a contract to purchase a commercial property, there are a few tips you need to follow:

  • Work closely with your real estate agent: This person can answer your questions, tell you what comes next and help you avoid common mistakes that have plagued others before you.
  • Get serious about the inspection: If you forgo a property inspection, you could purchase a property that brings more stress than enjoyment to your life. With an inspection report in hand, it's much easier to understand the condition of the property and how to negotiate with the seller.
  • Nail down financing: If you have enough money to buy the property with cash, it can definitely save you some hassles. However, since this isn't the case for most people, you need to find a lender.
  • Get all your documentation in order: Before your closing day arrives, make sure you have all the required documentation. This can include but is not limited to loan documents, photo ID, home inspection report and a copy of the contract.

Has the time come to start your estate plan?

A lot goes into creating an estate plan. Because it can take work, you and many other Texas residents may have put off taking this step for a long time. However, a life event, such as welcoming a child, may have caused you to think more seriously about the importance of having this plan in place.

Due to the amount of work involved, you may have a hard time knowing where to start. If having a child was your catalyst for planning, you certainly know that you want to name a guardian for your child. What else can your planning entail?

How will you cope with the stress of divorce?

Once you ask your spouse for a divorce and the process begins, you can expect to feel stressed out. Even if you're looking forward to leaving your marriage in the past, there's no way to completely eliminate stress during this difficult time of your life.

Fortunately, there are steps you can take to better cope with divorce:

  • Eat healthy: If you're one of those people who eats more when they're stressed, make sure you stick to a healthy diet. You don't want to overindulge in food that's bad for you, as it can take a toll on your health (thus adding more stress to your life).
  • Exercise: This is one of the best ways to reduce stress, boost happiness and feel better about yourself. Even if you don't have a gym membership, it's easy to find ways to work out at home. A simple walk around the block can help clear your mind.
  • Talk through your feelings: From your friends to your family to your coworkers, there are people who can help you during this stressful time. Sometimes, talking about your feelings is all it takes to help you feel better. You should never be afraid to open up to those you trust.
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Harrell, Stoebner & Russell, P.C. Attorneys at Law

Temple Office
2106 Bird Creek Drive
Temple, TX 76502

Phone: 254-935-3036
Fax: 254-771-2082
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Killeen Office
2210 E. Central Texas Expy.
Suite 102
Killeen, Texas 76543

Phone: 254-432-7058
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