What is an Estate Plan and Why Do You Need One?
You may not think you need an estate plan, but it is a must if you want to protect your loved ones and avoid the hassle of probate.
An estate plan is a legal document that outlines how your assets will be distributed after your death. It also includes instructions on who will take care of your children and what they should do with the money in case they are minors.
What to Expect When Working with an Estate Planning Attorney?
When it comes to estate planning, there are many different choices that you need to make. Some of the more common choices are what type of lawyer you want to hire, whether or not you want a will and how much money you want your loved ones to inherit.
It is important that when choosing a lawyer for your will or estate planning needs, you choose someone who can help guide you through the process and work with your best interests in mind.
An attorney can help you plan for your future and ensure that you have the right legal documents in place.
When you are looking to work with an attorney, you should be sure to find one that has experience in the field. You should also find out if they have any specialties, such as working with high net worth individuals or small businesses.
When should you hire an Estate Attorney?
An estate attorney is a professional who helps their clients with the legal aspects of their estates. They help with the distribution of assets after death, inheritance, probate, trust and other legal matters.
The following are some factors that indicate when it might be appropriate to hire an estate attorney:
– You have significant assets or property to protect (e.g., real estate)
– You are facing financial difficulties or debt due to medical expenses , divorce, death of a loved one, bankruptcy
– You have questions about your or a loved one’s estate plan
– Inheritance tax
Below are mentioned the 5 best wills and estate planning companies in Plano, Tx
They focus their practice on wills, trusts, advance directives, estate planning, guardianships, and probate. They have almost 10 years of legal experience handling estate planning, probate & guardianship legal matters for clients in Allen, Frisco, McKinney, Plano and throughout Collin, Dallas and Denton counties.
In addition to their practice, they writes and lectures for local and state bar associations, and at legal seminars. They focus on wills, estate planning, guardianships, trusts, probate, and advance medical directives. They are prepared to help you and your loved ones, whether you have already started estate planning or are dealing with probate after a loved one died intestate. At Krupa Downs Law PLLC, they know the importance of having a solid estate plan and the difficulties of being the estate’s executor for someone you have loved and lost.
Crain & Wooley, with their offices in Plano and Mansfield, serves the entire Dallas-Fort Worth Metro area with exemplary estate planning services. With more than 15 years of experience in crafting comprehensive estate plans, Crain & Wooley works with you to formulate the perfect plan, thereby achieving your goals and leaving an intentional legacy. Partners Justin Crain and Jacob Wooley dedicate themselves to transparency, integrity, and compassion in all things. They put action to the Texas Lawyer’s Creed.
The Law Offices of John F. Williams, Jr. have successfully represented clients since 1992. Their attorneys are experienced in Business Planning and Estate Planning. Mr. Williams has centrally located his practice in Dallas and southern Collin County. It is conveniently located near Preston Road and Highway 190/President George Bush Turnpike for clients in all areas of Collin, Cooke, Dallas, Denton, Ellis, Fannin, Grayson, Hunt, Kaufman, Navarro, Rains, Rockwall, Tarrant and Van Zandt Counties.
They pride themselves on the friendliness of their staff. They are not a stodgy law firm who sees clients as just numbers. They want to get to know you on a personal level, and they want you to get to know them. Read their personal bios to learn about what drives them to provide the best possible customer service to their clients.
Their experienced elder law and estate planning team will guide you in putting essential documents in place, Medicaid planning, writing a will, establishing a trust, probate and estate administration, and a range of other important tasks. When you meet with Attorney Aaron Miller, all of your questions and concerns will be addressed.
Attorneys at Weeks Law Firm have been serving estate planning, special needs planning, guardianship and probate clients since 1998. Attorney Tresi Moore Weeks provides exceptional guidance to its clients in estate planning, probate, guardianship and special needs trusts.
Tresi Moore Weeks is a recognized authority and frequent speaker for groups seeking to understand the unique planning needs of families with children with disabilities.
Conclusion –Hiring an attorney can help navigate these potential pitfalls and can help avoid incidents like probate disputes or executor/trustee lawsuits by assisting in negotiation. The above article will help you to choose the best attorney according to your needs. Our goal is to connect people with the best local experts and get the benefits. If you are located in Texas or nearby check out Best Wills & Estate Planning attorney in Plano TX for any of your legal issues.