As life expectancy increases, many add parents to wills

Posted on May 9th, 2012 No Comments

Individuals who have prepared their wills typically do not plan on being outlived by their parents. However, many people are finding that their parents are becoming increasingly dependent on them in their old age.

Children who end up having to take care of their parents spend an average of $3,500 a month on care, according to Met Life. If something were to happen to these benevolent children, it would leave their parents without the care they need.

This is why it’s becoming more important to have a plan in place for the tragic situation in which your parents outlive you.

If you need help preparing your will, contact the experienced Houston wills attorneys at Garg & Associates, P.C., at 281-362-2865.

Man leaves house to the government in his will

Posted on December 14th, 2011 No Comments

An 87-year-old Florida man who passed away last year has willed his house as well as $1 million to the government. His nieces and nephews did not dispute the will due to the fact that they knew this is what their uncle was passionate about.

The man had hopes that the sale of his house as well as $1 million of his own money could help the United States remove some of it’s growing debt. The government put the 1929 historic home up for auction and the winning bidder offered $1.175 million for the property.

There were over 700 people who toured the home and 15 of those individuals participated in the auction. The government will also sell the contents of the home in January.

If you need assistance laying out the specifics of your will, please contact the Houston wills attorneys of Garg & Associates, P.C. by calling 800-242-2151 today.

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Garg & Associates, PC | 21 Waterway Avenue, Suite 300 | The Woodlands, Texas 77380 Please call 281-362-2865 | Fax: 866-743-4506
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