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The Living Legacy Center provides educational and supportive resources for seniors, veterans and the special needs population to help them find and use these resources effectively, with no cost to them.​

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This website is owned by The Living Legacy Center, a 501c3 nonprofit organization.  All rights to the website are reserved.

 

Links to other websites or to other parties, products or services do not constitute the endorsement of such parties or their products or services.  The Living Legacy Center makes no warranty, express or implied, as to the accuracy, adequacy, completeness, reliability or usefulness of the information found herein. The Living Legacy Center is not responsible for damages of any kind arising out of use, reference to, or reliance on any information contained on this site or links located herein.  By using this website, you agree to the terms of this disclaimer.   

 

This website and this disclaimer are governed by the laws of the State of Texas. 

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April 11, 2017

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Recent Posts

April 11, 2017

A trust can be an effective estate planning tool, but, it is not just a vehicle used by the ultra rich.  There are benefits for anyone.

Picture the trust as a wagon. 

It is open and easy to put stuff in and take stuff out.  You hold the handle and guide the wagon....

April 11, 2017

Wills and trusts are both useful estate planning tools.  Each has advantages and disadvantages.  Determining which is right for you depends on your goals and circumstances.

Let’s define each then we can compare the two side by side.

What Is a Will?

A will (also calle...

April 11, 2017

Intestacy.  Strange word; difficult problem. 

The legal definition of intestacy is “the condition of having died without a valid will”

Dave Ramsey says “If you hate the people in your life, die without a will, because you’re going to tie them up for years.”

A will is...

April 11, 2017

When I first heard the term Sandwich Generation I thought it may be a reference to a generation of people raised on a lunch diet of PB&J in a brown bag.  

I have since learned that “The Sandwich Generation” refers to the segment of the population generally age 40-59 who...

April 10, 2017

Estate planning is an investment. 

You spend time and money and energy to make sure all of the proper documents are in place.  Once you have signed in all the right places and copies have been made, the attorney will hand you the originals.  Where you put those document...

April 10, 2017

In the eyes of the law, things change when your child turns 18. As a legal adult, your child assumes rights previously held by you, the parent.  While they are, in most cases, still dependent on parental support, it is important that you understand the law and have the...

April 10, 2017

What You Need To Consider?

There’s a lot to consider when naming a trustee. It goes beyond trust. Do they have the time, knowledge, and expertise to manage the responsibilities detailed in your estate plan?

A trustee is responsible for holding, managing, and distributing...

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