Wills, Trusts, Estate Planning, & Probate
Who needs an Estate Plan?
Chances are you do.
- Estate Planning is part of the process to achieve financial
security for your family, or your business, and peace of mind
for yourself.
- Without an estate plan, you can’t control what happens
to your property if you die or become incapacitated.
- An estate plan makes your wishes clear and helps avoid family
disputes.
- Proper estate planning can preserve assets and provide for
loved ones
- The right plan will help with the distribution of your assets
at the time of death, minimizing stress, confusion and potential
conflicts for your loved ones at a time most sensitive to them.
- As a courtesy to those without a custom tailored estate
plan, please find this information on Texas
Descent and Distribution to view your existing estate plan
drafted by Texas Legislators on your behalf.
You spent a lifetime acquiring all that you have and providing
for your loved ones. Why should anyone but YOU have a say so
as to what legacy you leave behind and to whom?
An estate plan can be as easy as drafting a Will, or as complex
as establishing different types of trusts to serve different
purposes.
There are four places your wealth can go by the time you pass
away:
- You have spent it all
- To your loved ones (heirs at law OR those you personally
designate)
- To the Internal Revenue Service (IRS)
- To Charity
How your wealth will be distributed among these four areas will
be determined by the steps you take, or don’t take, to
strengthen your legacy now.
Interesting
Fact to KNOW: Your current estate plan is governed
by Texas Intestacy Laws with no advanced tax planning
in place to minimize or eliminate estate tax. Click the “Texas
Descent & Distribution” link above to see first-hand
if your existing estate plan is in line with your current
wishes. Until you take the initiative to custom tailor
an estate plan particular to your desires and wishes,
the attached hyperlink resource demonstrates your existing,
legal and binding estate plan “AS IS.” |
EMPOWER YOURSELF today to take an active role in
custom tailoring your estate plan, where preserving your
wealth and advanced tax planning is number one priority and
you have a direct say so as to what legacy you leave behind
and to whom. |
A
proper estate plan can help:
- Preserve your assets
- Reduce wealth transfer taxes and expenses
- Distribute your assets properly and economically to the
beneficiaries that you specify
- Ensure that your children have the legal guardian of your
choice
- Ensure that your assets will be managed properly if you
were to become disabled
- Minimize confusion and avoid conflict among family members
when it comes to your final wishes
What are the risks of NOT having a Will?
- Your assets not being distributed as you wish
- A person you do not know could act as your personal representative
- A guardian you did not choose could end up raising your
children
- You may miss out on tax-saving opportunities, leaving your
heirs less than you intend
- Your children may receive their inheritances earlier than
you’d like
Probate Law
Probate Court is where almost nobody ever wants to be. If
you are there and not a probate attorney, it usually means that
you have recently lost someone that you love to death or incapacity. Further,
it can mean that your loved one left no valid Will or other directions
on what needs to be done and you may be at the mercy of Texas
law and the Probate Court to make some very personal decisions. If
this is the case, Gonzalez Law is here to help you. Let
the professionals at Gonzalez Law take the added stress off your
shoulders by calling us today!
For questions on Estate Planning, Wills, or Texas Probate
matters, please e-mail Gonzalez Law P.L.L.C. at info@jagonzalezlaw.com or
use our contact form. |
