Nobody likes to think about their death, but it is essential to make sure that you provide for your loved ones later. The best way to ensure that you distribute your assets to your beneficiaries is with a will. A will is just one part of a comprehensive estate plan that establishes your wishes. An estate lawyer in Aledo will assist you in creating a will and other documents.
What is an Estate Plan?
An estate plan encompasses a variety of issues such as the administration and distribution of your assets and property, establishes trusts, power of attorney, and medical directives. When you create an estate plan, you provide for your beneficiaries and decide how you want to distribute your assets after your death. The plan also establishes a guardian for your minor children if you pass away. You can establish a trust as a method to pass your assets to a family member in a manner that reduces the tax burden. A living will or medical directive is a way to give instructions about your medical care. An estate lawyer in Aledo ensures that you include everything you need in your estate plan.
Everyone Needs an Estate Plan
Everyone can benefit from an estate plan. A will is a basic document that is an essential part of an estate plan. Your will gives instructions for how you distribute your assets after your death. If you have children, you will want to make sure that you assign a guardian. As part of your will, you must choose an executor. An executor is a person who is in charge of your estate after your death. Inform the person ahead of time and make sure that they understand your wishes and know where to find your relevant documents. If you die without a will, state laws take effect. Your loved ones may not end up with your property. You can prevent that from happening with help from an estate lawyer in Aledo.
Is the Estate Planning Process Complicated?
Planning your estate is not complicated, but you must ensure that you follow the law. If you make a mistake in any of the documents, it could invalidate your will. The easiest way to make sure that you create a legitimate estate plan is to work with an estate lawyer in Aledo. Avoid using forms and online documents because they may not provide you with the protection that you need. You want to make sure that the estate plan you put in place is legally binding. This will ensure that you distribute your property to your beneficiaries.
Call an Experienced Estate Lawyer in Aledo
When you are ready to make a will or estate plan, you can count on the services of The Law Office of Mark E. Harden. With more than 20 years of experience, I can assist you with all areas of estate planning. I am happy to answer your questions and assist you in making sure you have the documents you need. Contact my office today to schedule a consultation.