About Estate Planning
Estate planning is not just for the wealthy.
If you are married, have children, have an IRA or retirement plan, own a home or other real or personal property, have life insurance, own a business or part of a business, you need to plan to minimize the time, trouble and expense to your family in the event of your death or disability.
Residents of the State of Texas are fortunate.
The laws of the State of Texas allow efficient procedures to handle one’s financial affairs following death or disability but in most cases only if adequate planning has been done in advance.
With a properly prepared Will the probate process can be handled independently without the Court supervision which is required in many states.
Avoid unnecessary trouble and expense.
A living trust or a General Durable Power of Appointment can avoid the unnecessary trouble and expense of a Court-supervised Guardianship of the Estate. A Directive to Physicians (sometimes referred to as a “living will) and a Health Care Power of Attorney can alleviate some of the anguish, heartbreak, expense and uncertainty which your loved ones must endure if you become seriously ill and have not done the proper planning.
Learn More About Estate Planning
Click here to learn more about the basic parts of an estate plan.