Designing an estate plan can be an overwhelming task. The key to creating an effective and clear estate plan is a complete understanding of your goals and how your plan will work. We are proud to provide estate planning on a flat fee basis.
Wills. A will is the first step to ensuring the proper individual(s) will receive your estate and to be sure the proper individual(s) are in charge. If you die without a will in Texas your assets will be subject to the state’s laws of intestacy. Although sometimes the law of intestacy create the right result they can leave your belongings to unintended beneficiaries and always create more headache and expense to your loved ones.
Trusts. A trust provides solutions to many challenges we may face when designing an estate plan. Trusts are often used to avoid probate. Many families prefer the efficiency, ease, and privacy that trusts offer. Additionally, trusts allow for greater control after death.
Powers of Attorney. Both a medical and statutory durable power of attorney are essential for anyone over the age of 18. If you become incapacitated tomorrow is someone legally authorized to act on your behalf? Without these documents in place you risk your loved ones having to turn to the court.
Planning for a Loved One with Special Needs. Leaving all or part of your estate to someone with special needs can create a challenge for them or their caretaker if not done properly. The Toups Law Firm is experienced in special needs planning. Allow us to help ensure your gift makes a positive impact.
Blended Family Planning. Do you or your spouse have children from a prior marriage? Careful consideration should be paid to your estate plan to achieve your desired outcome. Let us help you and your family create a plan.
*The information contained on this site is provided as information only and in no way constitutes legal advice.