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The Palmore Law Firm, PLLC Blog
Accounting for digital assets in your estate plan
As society continues to evolve into various digital spaces, more people are curating digital collections to compliment their physical ones. Unfortunately, since they are not tangible assets, they are often overlooked when individuals sit down to draft a comprehensive...
How is child custody decided in Texas?
When you are a parent and decide to divorce, your biggest concern is your children. You’re worried not only on your divorce will impact them, but if you’ll have to share custody with your ex. Can you get sole custody? And if not, how does the court decide how much...
Do You Need To Update Your Estate Plan After A Divorce?
Divorce can be overwhelming, and you may feel like you have a thousand things to do before the emotional ordeal is over. Unfortunately, you need to add estate planning to the list. Specifically, reviewing and updating your plan. Many people do not consider their...
How is property divided in a Texas divorce?
When couples decide to divorce, they often are concerned about how this will affect their lives moving forward. For divorcing parents, they worry about how they will come to a child custody agreement and what child support might entail. For all divorcing couples, they...
Full estate planning goes beyond writing a will
Many Americans often put off estate planning – sometimes for decades and decades. According to a 2019 study, nearly half of Americans over the age of 55 don’t have a will. And of seniors with a will, only 18% have a full estate plan: a will, a health care directive...
In the U.S., the divorce rate is dropping — except in this group
Americans are not getting divorced as much as they used to. In just eight years, from 2008 to 2016, the divorce rate in the U.S. dropped 18 percent. But this trend is not the same for everyone in the country or here in Mongomery County. Nationwide, older people are...
What is an insupportable marriage?
When you married your spouse, you probably thought you were in for a lifetime of love, affection, support and friendship. Unfortunately, though, marriages do not always last. If you are considering divorcing your spouse, you are likely to encounter a strange term:...
Short- and long-term interests in divorce should be priority
Divorce is so much more than the end of a marriage; it is a life-changing event that requires careful planning and consideration. In addition to determining child custody and the division of assets, debts and property, both parties must make decisions that protect...
When preparing to draft your will, start with the executor
Perhaps you have finally decided to address the important job of drafting your will. You have made an appointment, you have located important documents, but have you forgotten a primary task? Remember to appoint your executor. What sort of qualifications will your top...
5 ideas for discussing finances with aging parents
The day you realize you need to address the future with your aging parents can be emotional and awkward. It may be when their memory starts to fade, they need more help getting around the grocery store, or their driving becomes an issue. It may become clear that they...
