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Estate Planning Texas
เข้าร่วมเมื่อ 27 ก.ค. 2023
What is the difference between Assisted Living and Skilled Nursing?
Is your loved one in need of care? How do you know what level of care and how to pay for it? Learn more about the options with Chris and Kristen!
www.longviewestateplan.com
www.longviewestateplan.com
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What are Letters Testamentary? How do I get them?
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Has a bank or institution told you to get Letters Testamentary? What are they and how do you get them? www.longviewestateplan.com
I have an estranged child - how do I estate plan?
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What happens if you have a child that has separated from the family? This is not a topic to ignore, but an important one to make sure that you have provided for in your estate plan - learn with Chris and Kristen on your options on how to do this. www.longviewestateplan.com
I am the Power of Attorney - Now What?
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So you are appointed Power of Attorney for a parent or other loved one - what does that mean for you? www.longviewestateplan.com
I have my Estate Plan in place - Now what?
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You have your estate plan in place, but now what? Learn with Chris and Kristen what you need to do AFTER getting your documents in order! www.longviewestateplan.com
My income is too high for Texas Medicaid - HELP!
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Can you still receive Medicaid when your monthly income is over the limit? Yes you can! www.longviewestateplan.com
What is a Beneficiary?
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What does it mean to be a beneficiary? How do you know if you are one? Let's talk about it today! Join Chris and Kristen to learn!
What is an Executor?
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How do you become an Executor and what are the duties? Learn with Chris and Kristen! www.longviewestateplan.com
The 5 things you NEED to do before you die!
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Join Chris and Kristen to learn about the 5 important steps you need to take before you die!
What to do with Minor Beneficiaries!
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What do you need to know when you have minor beneficiaries in your estate plan? Learn with Chris and Kristen! longviewestateplan.com
Should I get my house out of my name?
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Have you heard that the Nursing Home or the State will take your house? Often we find folks think they need to get their house out of their name to protect - learn the answer with Chris and Kristen! www.longviewestateplan.com
My spouse needs Medicaid Long Term Care- how can I protect myself?
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What happens if your spouse needs to stay long term at a skilled nursing facility? How do you protect your income, home and assets as the spouse? You can! Learn with Chris and Kristen and contact us at www.longviewestateplan.com for your personal review.
What happens if I die without a Will in Texas?
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What happens if you die without a Will in Texas? Texas writes one for you! Learn about this unfortunate reality with Chris and Kristen and what you can do to avoid it! (HINT: Get your Will done!!) www.longviewestateplan.com
2024 Medicaid Eligibility Numbers
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Join Chris and Kristen for updated 2024 Texas Medicaid eligibility information!
New requirements for business in 2024! Corporate Transparency Act
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Do you have an LLC, Corporation or any entity filed with the Secretary of State? You have NEW reporting requirements with the Corporate Transparency Act effective January 1, 2024. Fin Cen ID Link: fincenid.fincen.gov/landing File BOI Report: boiefiling.fincen.gov/
What happens to my Facebook when I die? Google? Apple?
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What happens to my Facebook when I die? Google? Apple?
Holiday Edition! Do your Parents have Wills??
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Holiday Edition! Do your Parents have Wills??
What to do when a Love One dies: a Practical Guide
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What to do when a Love One dies: a Practical Guide
What is a Ladybird Deed? Yes, no, maybe?
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What is a Ladybird Deed? Yes, no, maybe?
How to Avoid Medicaid Estate Recovery (MERP)
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How to Avoid Medicaid Estate Recovery (MERP)
Avoid this mistake! Do not list a minor beneficiary!
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Avoid this mistake! Do not list a minor beneficiary!
What is a Revocable Family Living Trust?
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What is a Revocable Family Living Trust?
What is Probate? How do I get Letters Testamentary?
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What is Probate? How do I get Letters Testamentary?
Mom needs Skilled Nursing: Will Medicaid pay?
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Mom needs Skilled Nursing: Will Medicaid pay?
Planning for a Child with Disability: Special Needs Trust
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Planning for a Child with Disability: Special Needs Trust
My spouse has kids before our marriage: What happens when my spouse dies?
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My spouse has kids before our marriage: What happens when my spouse dies?
Hi. Congratulations on your new format. Stay the course. More people will come. I landed here because I meet with my EP attorney and this information is important. I especially like that your process provides the costs upfront.
on the paper im reading for texas merp it says as long as spouse is alive they wont ask for money back like from provider care services? is this true?
MERP waives their claim if there is a surviving spouse - it is an exemption you can apply for.
We do not have family that could even maybe do this….whew!!
This is a really useful video! Thank you!
What is the process if a named executor refuses to speak with an attorney to get the probate process started? Can one of the alternate named executors begin the process if it's been more than a year since the death of the loved one?
What about Medicaid Estate Recovery? After death, won’t they take the money from the value of assets?
@@MamiesMarketplace not if you correctly plan for it! Please check out our video on MERP
Great info. Is an annuity with a beneficiary treated the same way as an IRA in the eyes of Medicaid?
Hey Billy! A Qualified Annuity would be! A non-qualified annuity would be a countable asset. So just depends if the annuity is before tax (retirement) or after tax.
Hi What happens to the vehicle of a married couple that was separated ? It’s an older vehicle that he signed over to his nephew when the doctor told him he could no longer drive .
friend I want to talk a important topic about your channel how can I contact you
Don’t!!
What a great subject I didn't even think of this.
Great video! I have learned so much from all your videos. Thank you for putting together our living trust so quickly. Almost married 50 years and never planned our estate till last month. We talked altogether with our 4 grown children about our trust at Thanksgiving. It went great. We'll update at Christmas what we have placed in the trust so far. Keep up this good service.
Thank y’all for doing this show! Love the information!
This is a great resource! We are in the process of doing our estate planning to make things as easy as possible for the surviving spouse and then our kids. Thanks for this helpful guide.
Hi! Single Houston Texas mom to a 12 year old child interested in buying a new house on my own (without a spouse) and putting my house in a trust and name my child as beneficiary. Looking to create premarital agreement and get married to new spouse after purchase of the house. Question: 1. If I die first, would my spouse have right to live in the house under the surviving spouse homestead rights? Considering that the house is under ownership of a trust? 2. Is there a provision eg. In prenup, to sign an agreement to waive survival spouse Homestead rights, given that it’s a constitutional right for the surviving spouse? 3. What must I do to ensure that my son will have 100% ownership of the house and free to sell or put it out for rental incase I die before my spouse?
Thanks for the comment! A Trust may be a good idea but a surviving spouse would still have the right to stay in the home. A marital agreement with spouse waiving that right is the solution and may be paired with other estate plans efficiently (like a trust).
@@EstatePlanningTexasthank you! I have received conflicting information from different attorneys. My partner is happy to waive this right himself anytime as long as he gets to marry me. He is capable of working in renting an apartment or even buying a home. But I just like my home because it’s better and worth half a million dollars. Some lawyers say the homestead right is never waivable even with premarital agreement. Another said all that’s needed is a will. Another said since a trust has different ownership, it will not be considered my property, and in fact, will help to execute a lease to live in after a trust has been established in the house has been put in the trust . I have found about three documents stating that it is waivable. I read a case where a trial court upheld the premarital, the widow appealed, and won in court of appeal, but Texas Supreme Court reversed the court of appeal decision, and ruled that the homestead right had been waived. But this was in 1978 😊ttu-ir.tdl.org/bitstream/handle/2346/85157/16_10TexTechLRev202(1978-1979).pdf?sequence=1
Sometimes at a time of stress, it may be better to have someone able and trustworthy name in roles, who isn't a close family member (nor beneficiary). It is a good idea to review your documents yearly to every five years. Things change. People die. People move. Phone numbers change. Children are born. I would suggest getting a fire resistant safe to store your will within. Please don't store your will in a safety deposit box.
Absolutely! Thanks for the comment!
thank you for the information and the reminders.
Great information! Thanks for your channel. We live in Texas and are nearIng retirement and trying to figure out how to take care of things so our adult children aren’t burdened. Looking forward to more of your content!
Super informative, thanks Chris and Kristen!