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Estate Planning for Young Adults

Planning for your future is something that everyone should take seriously no matter what age they are. However, many young people can fall into the trap of putting off legal planning until they’re “older.”

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Estate Planning Terms to Know

Estate planning is less intimidating when you understand some of the terminology used. Round out your understanding by checking out these key estate planning terms and their definitions.

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What Kind of Adoption Is Right For You?

Whether you have been thinking about adoption for years or you are just now beginning to consider adoption as an option for growing your family, it’s important to be informed. If you live in Texas and are thinking about adopting, you should know the basics of how the process works in the state.

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How to Prepare for Adoption

Preparing for adoption is a significant process in every adoptive parent’s life. It is normal to feel nervous and excited at the same time. After all, becoming a parent is a huge and life-changing responsibility.

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Voluntary Termination of Parental Rights

Parent-child relationship – the unique relationship between a parent and child – is essential to help nurture the physical, social, and emotional growth and development of a child. However, a parent may recognize their inability to cater to the child’s needs and relinquish their parental rights.

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Involuntary Termination of Parental Rights

The relationship between a parent and child is a special bond based on love and care. However, certain circumstances may warrant the revocation of parental rights. The process of taking away a parent’s rights to their child against the parent’s will is called “an involuntary termination of parental rights.”

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Free Adoption?

Did you know the Internal Revenue Service grants an adoption tax credit up to $14,300.00? This means you will get a big refund at tax time for your adoption expenses, (if you pay income taxes).

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The Benefits of Creating a Will

You work very hard for your family, earning money and providing a wonderful life for them right now. But what happens when you are gone? How do you make sure your home and other assets and property will be passed down according to your wishes? How do you prevent a contested will?

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How to Navigate Adoption in Texas

James P. Peterson Attorney at Law doesn't see his work as just a profession, but a calling to help people. In no other area of law does the work get more rewarding than adoptions.

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