Any complete estate plan needs a thorough will and trust in place. These documents are vital to protecting your assets, property, and best interests after you have passed. They are vital to ensuring that your heirs receive the property that you want them to without additional stress and hassle during an already emotionally trying time.
Let Addison estate planning attorney Rita M. Boyd help you draft documents that are unique to your family situation. Call (972) 362-9992 today.
Your will appoints a trusted executor to take care of your estate after your death. Without a will to direct your executor, a judge will be in charge and your assets will be distributed according to guidelines set by the state of Texas. The judge however, does not know your family and your situation, which is why it is vital to plan now for the future.
A trust performs the important function of voiding a long, expensive, and stressful probate procedure. This means that your assets and property do not get held up in the court system and your heirs do not have to face the additional stress of court when they are already dealing with the emotional stress of your death.
With your will, a trust can help ensure that all of your property is taken care of, especially if your estate has a higher net worth. Certain trusts may also help your heirs avoid high estate taxes and provide a distribution schedule for minor heirs.
Wills and trusts can be complicated. Trust Addison estate planning lawyer Rita Boyd for the focused and comprehensive guidance you need to give you peace of mind. Contact Rita M. Boyd, P.C. online to schedule a consultation.