Securing Your Future With An Estate Plan
Most of us are so busy living our lives that we do not necessarily want to think about what will happen to the assets or property we have accumulated once we are gone, or if we are no longer able to make decisions about them for ourselves. However, when it is done well, estate planning can provide you and your family with peace of mind.
There are three ways in which estate planning can protect you and your family from uncertainty or harm. At the Law Offices of Aurelio Leo Lara in McAllen, Texas, our experienced lawyers can efficiently help you through the process.
Estate Planning Makes Your Wishes Clearly Known
Even the most basic set of estate planning documents will provide a record of your preferences for how you want to be treated if you are too ill to speak for yourself or what you would like done with your estate once you have passed away. This can reduce conflicts between family members who may have differing ideas of what should be done.
Estate Planning Makes It Easier For Your Assets To Be Distributed
Texas has some of the country’s most streamlined probate procedures, but distributing an estate without a will or another governing document in place will take time and money to sort out. The effort and investment you make now will make the process easier for your family later.
Estate Planning Can Be Flexible If Your Needs Or Living Situation Changes
You are not locked into a single game plan with your estate if your income, family dynamics or personal care needs change. Living trusts are revocable, meaning you can amend them at any time during your life. You have the power to name a trustee to oversee your estate if you become incapacitated, to ensure that assets go to your heirs most in need of them, or to arrange for a guardian or trustee to manage the affairs of a minor or vulnerable adult.
Let Us Answer Your Estate Planning Questions
We can help you draft a variety of helpful estate planning documents, including:
- Power of attorney
- Health care directives
- Guardianships and conservatorships
- Wills and other documents that can help you move through probate quickly or avoid it altogether
- Trusts, including living trusts