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According to a recent Gallup poll, fifty percent of Americans don't have a will, which means that when they die, state law will determine how their pr...

Collin County Estate Planning

January 8, 2018

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Collin County Estate Planning

January 8, 2018

According to a recent Gallup poll, fifty percent of Americans don't have a will, which means that when they die, state law will determine how their property is distributed. For most people, their state's intestacy laws will not distribute their property the way they would prefer.  As part of a comprehensive estate plan, your will can specify how your property should be distributed, it can provide for a contingent family trust if any person who inherits from you is incapacitated, a minor, or under a specific age that you predetermine.  Speaking of children, your will can nominate guardians for your minor children, should both parents have passed away. Without a will, the courts won't have any guidance from you as to your wishes about who you would like to raise your children in your absence. 

 

Our comprehensive estate planning package includes powers of attorney for finances and health care, so you can appoint someone to act on your behalf if you become incapacitated. We also provide a directive to physicians, commonly called a "living will" so that you can make decisions about your end-of-life health care in accordance with your values and wishes. 

 

Consult an estate planning attorney to get a comprehensive estate plan for your family. 

 

 

 

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