When people think of an "Estate" they might think of a mansion like the one above or a portfolio of assets worth millions of dollars. They believe that estate planning is not necessary unless you have a large estate with lots of assets. This is a dangerous belief...
Probate And Estate Administration
Equal Isn’t Always Fair
When doing their estate planning, parents always want to be fair with their children. Most often they try to accomplish this by leaving everything to the children in equal shares. While this may seem like a good solution, in practice, it can actually create lots of...
What to do about lost or inaccessible wills
We previously talked about why it's important to maintain your original Will and where you can keep it. But what happens if the Will gets lost? Or, what if you know where it is, but you don't have access to it? Lost WillsThe most common issue that prevents wills...
Safekeeping of Wills
You've made your will, and now you have peace of mind that your estate will be settled how you want. But you're not done yet.A will has not done its job until it makes it into probate court. For this reason, it is imperative that you preserve the will until your...
One of the Simplest, Yet Powerful Estate Planning Techniques
People often put off their estate planning because they think that it is expensive. But there is a simple strategy that costs nothing and can save you thousands of dollars. It supersedes all other estate planning and even avoids probate. Failure to implement this...
The Critical Decisions That May be Made Without You
When people think of estate planning, they typically think of who is going to get their stuff when they're gone. While the transfer of assets at death is an important concern, the essence of estate planning about preserving your right to make decisions regarding your...
Common Life Insurance Mistakes
Life insurance is one of the largest assets in a person's estate, so who you designate as the beneficiary of the policy is a major decision (especially since this designation controls over what your will or trust say).Making a mistake on your beneficiary designation...
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Law Offices of Aurelio Leo Lara
4124 N 23rd St #1
McAllen, TX 78504
Phone: 956-928-3837
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