Deer Park Estate Planning Attorneys Help Safeguard Your Family’s Future
Texas lawyers offer experienced advice on wills, trusts and power of attorney documents
Life is full of uncertainty, but The Law Office of Shelly A. Merchant provides personalized, comprehensive estate planning counsel to help Texans create legal instruments that reflect their wishes. If you have put of thinking about retirement, asset protection, or a legacy for your loved ones, there is no better time than right now to begin. When you meet with a Deer Park ,TX estate planning lawyer at our law firm, we’ll listen to your concerns, gather details about your circumstances, and suggest reliable solutions, such as wills, trusts and power of attorney documents, to help you achieve your goals.
Established firm delivers knowledgeable counsel on wealth preservation options
Estate planning is a legal strategy for protecting your assets and distributing your wealth when foreseeable future events occur. With a personalized estate plan, you can shield what you’ve accumulated from undue liability and excess taxation, so you can enjoy more of what you worked so hard to obtain, and ultimately pass more to your heirs. The tools that estate planning attorneys use include:
- Wills — Every adult should have a will, which not only distributes assets, but also serves as your last opportunity to communicate with loved ones. If you don’t have a will, your wealth passes to relatives according to the Texas laws of intestate succession, regardless of your wishes. We draft wills according to the legal requirements of the state and our Deer Park probate attorneys understand how to avert unnecessary problems and delays when it comes time to execute the will’s terms.
- Trusts — Along with an enforceable will, you can also establish a trust, which is a legal entity that can hold assets and allocate them according to your instructions. With a trust, you can access your property as long as you are alive, then pass what’s left to named beneficiaries upon your death.
- Powers of attorney — Everyone, young and old, runs the risk of being incapacitated at some time. A power of attorney transfers authority to act on your behalf to someone you trust. So, if you are unable to manage your finances or make medical decisions for yourself, your agent can act in your best interests. We can help you draft a power of attorney that transfers authority immediately or you can execute what is called a “springing” power of attorney, where the authority transfers upon a triggering event.
- Guardianship — If you are the parent or caretaker of a minor child or an adult with special needs, it’s important to think about what might happen if you are not around or able to help them. Our firm can explain your guardianship options and how best to plan for the future.
Since the future is unknown, the best time to establish an estate plan is now. We understand that these concerns might not be easy to discuss, so you can count on us to use the utmost sensitivity and discretion as we strive to understand your circumstances and fully meet your needs.