Are you concerned about what will happen to the assets you have worked hard to earn when you pass away? Working with an experienced lawyer is very important to ensure your assets are protected so you can leave the most behind for your loved ones. In order for an estate plan to be effective, it is important that it is complete. Depending on your individual estate planning goals, we may recommend incorporating trusts, wills, or a combination of other estate documents.
Establishing trusts can be beneficial to your estate plan and important to protecting certain assets. Trusts provide a variety of benefits, including that they can often eliminate the need for probate. However, sometimes a trust can only include particular types of assets, which means certain items will need further planning.
In addition to wills and trusts, you might need to account for how certain other assets will be transferred. Some extremely valuable assets are often transferred using documents other than a will. It is important to consider what method would be best given your personal set of circumstances. A thorough estate plan needs to consider how items that involve title documents or beneficiary designations will impact your overall estate planning goals.
With experienced estate planning attorneys, we know the value of considering all different methods for transferring the ownership of your valuable assets. We are dedicated to ensuring all of your assets are properly documented and that your beneficiary will not have to go through extensive work to administer your trust.
Contact the office now at (214) 741-2662 (214) 741-2662 for a consultation.