Estate Planning Newsletter Joke of the Month ::  Estate Tip of the Month ::  Estate News ::  Free Initial Consultation ::  List of Services in this issue of Andrew Traub's Family Matters Your complete source for information that affects your family's rights. Provided as an educational service for friends and clients by Austin Estate Lawyer Andrew Traub, who welcomes your questions and comments at 512-343-2572 or andrew@attorney-austin.com. September 2006

About Us The Traub Law Office is a Full Service Law Firm located at 7719 Wood Hollow. Andrew Traub is my name, and I want to help you ensure that your loved ones are taken care of. Call me at 343-2572 or email me. Free Initial Consultation Did you know that the Traub Law Office offers a free initial consultation? Part of my dedication to my clients is ensuring that there is a good fit between you and I. The purpose of the free initial consultation is for you to tell your story, learn about me, and then we can decide whether we would work well together. There is no obligation on your part, so why not schedule a free initial consultation today? Joke of the Month Strange but True In Los Angeles, it's illegal to possess a hippopotamus. An ordinance in Dallas, Texas forbids "walking about aimlessly, without apparent purpose, lingering, hanging around, lagging behind, idly spending time, delaying, sauntering, and moving slowly about." A Seattle, Washington, law specifies the legal limit on the length of any concealed weapon which one may carry - the weapon can be no mor than six feet long. "Selling Your House?" Get Free Legal Advice From Us! If you are selling your house in Travis or Williamson County, you may qualify for free legal assistance from us. Schedule a free consultation with us and we'll also throw in a free report on "Insider's Guide to Selling Your Home Without a Realtor." Free consultation by appointment only. Contact me by email or phone at 512-343-2572.

forward email  Estate Tips Understanding And Improving Your Credit Rating The American economy is based on credit. If you don't have at least an average credit rating, you will find that getting approved for any type of loan, or credit card, will be very difficult - if not impossible. As the nation's economy worsens, the money supply becomes tighter. A major factor looming on the horizon is the growth in the national debt. You may be asking what does that have to do with you obtaining credit? Everything! more...  Estate News Executors -- Notifying Creditors When an executor assembles and collects the deceased's assets and liabilities, he will become aware of the outstanding debts. Once he has obtained his letters of authority, his first formal step in settling debts is to notify all of the deceased's creditors who are known to him. But, because there may be creditors of whom he is not aware, he must publish in a newspaper a notice of the probate proceedings and a general invitation to creditors to submit their claims within the state-specified claims period. If he publishes this notice before receiving his letters of authority, it may be considered invalid and thus require republication. more...

Services Offered by the Traub Law Office

Why plan your estate? Here are some of the benefits: Establish guardianship for your minor or incapacitated children Establish trusts for minor children to prevent them from getting everything at once Establish trusts for minor children so they won't get everything at age 18 Establish trusts for incapacitated adults to protect them from themselves Establish who can make medical decisions for you if you become incapacitated Establish who can pay your bills if you become incapacitated Specify what actions doctors should take if you are incapacitated and have an irreversible condition Leave property to charities and organizations Leave property to people who are not related to you Make sure property does not got to people you don't want it to go to Leave property to people or organizations you choose, rather than the State of Texas Reduce or eliminate Federal Estate Taxes Here are some of the services I offer: Wills Living Trusts Estate Planning Irrevocable Life Insurance Trusts Limited Partnerships Probate We would love to hear what you think of this issue of the Estate Planning Newsletter. And of course, if you have any suggestions for upcoming issues that you'd like to share with us, please send those, too! Just e-mail me. P.S. My business is completely by referrals so if you know of someone who is in need of legal assistance, please send them my way. You have my promise I will provide excellent service! P.P.S. If you liked this newsletter you can forward it to a friend or colleague.

This newsletter is designed for general information only. The information presented in this newsletter should not be construed to be formal legal advice nor the formation of a lawyer/client relationship.

Copyright © 2006 The Traub Law Office. All Rights Reserved

7719 Wood Hollow, Suite 200 € Austin, Texas 78731 € Phone: 512-343-2572 € Fax: 512-275-3786