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July 20, 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 Will, is sometimes called a "Last Will and Testament"
Used to transfer property you hold in your name to the person(s) and/or organization(s) you want to have it. A Will also typically names someone you select to be your Personal Representative (or "Executor") to carry out your instructions and names a Guardian if you have minor children. A Will only becomes effective upon your death, and after it is admitted to probate.

 


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

Congressman Jefferson’s Remarks on Repealing the Estate Tax
Washington, DC – Yesterday, April 13, 2005, U.S. Representative William J. Jefferson (D-LA) submitted the following statement to the Congressional ...
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GM Announces Automotive Recall
NHTSA CAMPAIGN ID Number : 05V054000  Recall Date : FEB 14, 2005

General Motors, manufacturers of Chevrolet and Pontiac cars, has anno...

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Included A One-Time Corporate Tax Benefit Related To A Favorable Tax Ruling
On October 29, 2004, we completed the sale of our paper, forest products and timberland assets for approximately $3.7 billion to affiliates of Bois...
Read more >


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Estate Planning Terms

 


Today's Terms

Inheritance Tax

Definition:
A tax imposed by the state at the time of a person's death that is based upon the total value of the decedent's estate

Joint Tenancy

Definition:
Property owned by two or more people in a manner such that upon death of one of the joint owners, all of his/her interest in the property is transferred immediately, by operation of law, to the other surviving owners.

In-Terrorum Clause

Definition:
A provision of a will or trust that disinherits a person in the event that he/she challenges the terms of the will or trust. Sometime called a No-Contest Clause.

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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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