Plans which Avoid Loss of all Assets to a Second Spouse

Dear Mr. Premack: My husband and I have been married 39 years. We have 3 children. Now we have grandchildren. We have seen people around us getting divorced and remarried, or one spouse dying and the other remarrying. People who are our parents’ age are remarrying after the death of a spouse. Sometimes the 2nd […]

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Before You Live Together, Iron Out the Legal Wrinkles

Dear Mr. Premack: My wife died and a while after her death, her best friend and I started living together. We do not want to get married. We are living in her house and renting out my house. What do we do now to protect ourselves and our children, grandchildren and great grandchildren? MG and […]

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Step-up in Basis on Separate versus Community Land

Dear Mr. Premack: I read with interest your column regarding a widow’s step-up in basis. My husband recently passed away leaving me as his only heir. We own a farm. Part of it was inherited and part was purchased by the two of us. How would the step-up in basis apply under these circumstances? The […]

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What Must be Done to Change a Will?

I enjoy giving speeches to community groups and residential centers. Last week I was speaking at The Towers, and was asked “I had my Will written by an attorney several years ago. I want to change part of the Will and wonder if I can just cross out the part I don’t like and handwrite […]

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How to Succeed in Business by Controlling Succession

Dear Mr. Premack: Ten years ago, a good friend and I decided to go into business together. She knew a lot about real estate, and we both had good jobs with money to invest. We set up an LLC, and have used it to purchase a number of rental properties. The cash flow has been […]

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Why Should Even Young People Just Launching Have Estate Plans?

Dear Mr. Premack: I am young and am just starting. But I have a good job. I got married last year. We are buying a new car, are considering becoming first time homebuyers (maybe), and have started a small retirement savings account. Since you’ll answer a legal question for me, I’d like to know if […]

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Digital Assets and Passwords for Agents and Executors

Dear Mr. Premack: Although I am 92, I have kept up with and use a computer regularly. My son has helped me to establish online banking accounts, credit card information, email, Facebook, pictures and a lot more. I’m enjoying it very much. Yesterday my son asked how I am keeping my passwords, and we started […]

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In Depth: Medical/Legal Issues (Advance Directives)

Consumer/Patient Complaints about Physicians Texas law allows you to get information about your physician. The Texas State Board of Medical Examiners is required to create a public database of all physicians licensed in Texas. They gather data annually, including information about any disciplinary action against the physician in the prior 10 years, data on the […]

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Announcing the 7th Edition of The Senior Texan Legal Guide

Exciting Announcement: Edition 7.0 of The Senior Texan Legal Guide by Paul Premack is now available! The Guide Answers your Questions about: » Estate Planning – Wills, Living Trusts, Survivorship Rights and avoiding Probate » Laws protecting Seniors » Texas VA Benefits » Planning for and managing your medical care » Life Support Issues under […]

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File your Durable Power of Attorney with the County Clerk

Dear Mr. Premack: My father has been organized and proactive. He properly probated my mother’s Will when she died so that he is recognized as full owner of all of their assets. He spoke with his lawyer about documents necessary to protect himself should he become disabled or die, and signed his Will and Durable […]

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