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Estate Planning Articles

McNair Dallas Law

credit card debt paid by adult child?

What Happens to Parents’ Debt when They Die?

March 4, 2022
Adult children typically don’t have to pay their parents’ bills. However, there are exceptions.  Even when a child doesn’t have to pay directly, debt could ...
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Caregiving Burnout

Who Is the Best Choice for Power of Attorney?

March 3, 2022
These agents take over your affairs in specific areas, if you become physically or mentally incapacitated.
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How Does the Caregiver Tax Credit Work?

March 1, 2022
There are actually several tax credits and deductions available to adult children who help look after their aging parents or other relatives.
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Comfortable Lifestyle

Social Security Retirement Age Changing for Boomers and Beyond

February 28, 2022
While you can start Social Security payments at age 62, your monthly checks are reduced if you begin collecting benefits at this age. To claim ...
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Beneficiary Designation

Expensive Health Problems Often Diagnosed after 50

February 26, 2022
As we age, health issues often creep up that threaten to tarnish our golden years. Treating some of these diseases and conditions can be expensive.
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Life Insurance Proceeds

How to File Tax Return When Mom Passes Away

February 25, 2022
No one likes doing taxes, but the task is even more daunting when filing a return for someone who has died.
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