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February 26, 2010
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Estate Planning News

 

 

What will happen to our children when we separate?

You can determine what happens. The best solution for the children is for the parents to agree on who will take care of them. If you and the other parent agree on a parenting plan, you and/or your lawyer should attach a written copy of your plan to the dissolution papers.

Your parenting plan can become a court order. In most cases, a judge will approve a custody plan that both parents want.
What happens if the other parent and I cannot agree on custody or visitation?

If you and the other parent are unable to agree on custody or visitation, a judge will make the decision. There are several steps to finalizing a custody plan. Custody and visitation can be decided on a temporary basis if there are immediate problems.

For example, school may be starting and you cannot agree on where the children will attend school, or one parent intends to move and wants to take the children.
Before the court makes a temporary or permanent order, the parents will meet with a "court mediator." The court mediator helps parents work out a plan that will be good for you and your children.

In some counties, the court mediator will make recommendations to the judge; in other counties, if the parents do not reach an agreement, the mediator does not make recommendations.

Depending upon the nature of the custody dispute, the court may order a psychological evaluation of the family. The judge may also appoint an attorney to represent the children.

You and the other parent may be charged all or part of the cost of the appointed attorney If there is a custody dispute, you may want to be represented by an attorney.

 

Contact our Plano estate planning attorney now.

 
Did You Know?    
 
 
A "Living Trust" can be used to hold legal title to and provide a mechanism to manage your property
You can select the person or persons you want -- often even yourself -- as the Trustee(s) to carry out the instructions you want in the Trust and name one or more Successor Trustees to take over if you cannot. Unlike a Will, a Trust usually becomes effective immediately, continues in force during your lifetime even in the event of your incapacity, and continues after your death. Most Trusts are "revocable" which allows the person who creates the Trust to make future changes, modifications and even to terminate it.

 


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Latest news about Financial & Estate Planning in Plano and nationwide:

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Estate Planning Terms

 


Today's Terms

Trustee

Definition:
A person or institution responsible for the management and distribution of property held in a Trust. The trustee has the authority to act according to the instructions provided in the trust agreement. See Fiduciary.

Incapacity / Incompetent

Definition:
Legally unable to manage one's own affairs due to mental disability. This may be temporary or permanent.

Informed Consent

Definition:
An authorization to proceed by a person who has been given and understands all of the relevant facts.

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Estate Planning Resources

 


Search Estate Planning resources in our resource center:

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Estate Planning Hot Topics

 
Topics Related to Estate Planning:

  • Trusts
  • Wills
  • Uniform Probate Code
  • Gift Tax

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Plano Estate-Planning Attorney

 
If you live in the following cities and need an Estate-Planning attorney you should contact our Estate-Planning Attorney as soon as possible:

  • Alvin
  • Amarillo
  • Arlington
  • Austin
  • Baytown
  • Brownsville
  • Burleson
  • Carrollton
  • College Station
  • Cypress
  • Dallas
  • Del Rio
  • Desoto
  • Eagle Pass
  • Edinburg
  • El Paso
  • Flower Mound
  • Fort Worth
  • Friendswood
  • Garland
  • Grand Prairie
  • Grapevine
  • Harlingen
  • Houston
  • Irving
  • Katy
  • Laredo
  • League City
  • Lewisville
  • Mcallen
  • Mesquite
  • Mission
  • New Braunfels
  • North Richland Hills
  • Palestine
  • Pasadena
  • Pharr
  • Plano
  • Richardson
  • Richmond
  • Round Rock
  • San Antonio
  • San Benito
  • San Marcos
  • Seguin
  • Spring
  • Sugar Land
  • Victoria
  • Weslaco
 


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