San Elizario, TX Estate Planning Lawyer
You’ve likely heard a friend or family member talking about how they need to “get their affairs in order” at some point, but do you know what this actually means or why it’s important? To many people, this means taking the time and effort to create an estate plan that will detail what happens to all their money and property once they pass away. Yes, it can be an uncomfortable topic to think and talk about, but it can save your loved ones a lot of time, money, and stress in the long run.
If you know you need to begin the estate planning process but aren’t sure where to start, let Villegas Law Firm guide you in the right direction. We can sit down with you and discuss your goals, as well as your concerns, so that you can make informed decisions that you are confident in. Our experienced San Elizario estate planning lawyer has helped hundreds of clients have a better understanding of the process and the advantages it brings to them and their families. Call today to book your free initial consultation and let us help you get your affairs in order!
What Does An Estate Plan Entail?
Each person’s estate plan is different and centered around their own unique values and wishes. While you should have a general idea of what your objectives are, it’s okay if you’re not quite sure of what you need or what you should have yet; our knowledgeable San Elizario estate planning lawyer can present you with the most gainful options based on your individual circumstances. Some elements of a comprehensive estate plan typically include:
- A will
- A trust (or a combination of several trusts)
- Power of attorney
- Advance directives (sometimes called living wills)
- Guardianship designations
- Beneficiary designations
- And more!
How Does Having An Estate Plan Benefit You And Your Family?
There are many ways that an estate plan can have a direct and positive impact on you and your family.
- Estate plans give you control. Whether the question is how and to whom your assets should be passed on to, who will become the guardians of your minor children in the event of a tragedy, what kind of medical treatment you want for yourself (even if you aren’t able to express those preferences yourself), or something else, you remain the one in charge of making those vital decisions.
- Estate plans are explicit. Estate plans don’t leave a lot of room for doing anything other than what you want! This reduces the risk of your family bickering over inheritances or agonizing over making healthcare decisions on your behalf if you become incapacitated.
- Estate plans offer stronger protection for your assets. Our skilled San Elizario estate planning lawyer can help you take advantage of a host of tools that shield your assets (from outside sources like creditors, nursing homes, or disinherited relatives) such as trusts, “transfer on death” designations, and more.
- Estate plans save your family from an immense amount of legal drama. An estate plan that includes a trust will bypass the Texas probate process, which can last for months – or even longer than a year. The court fees involved with probate can also deplete the wealth of the estate. Finally, estates in probate, especially for a long period of time, run the risk of lawsuits from creditor and will contests from disinherited or disgruntled family members.
How Can A San Elizario Estate Planning Lawyer Simplify The Process?
When you work with us, the estate planning process doesn’t need to be intimidating or overwhelming; in fact, we do our best to ensure that it’s not. We want clients to feel empowered and confident, so we explain everything in a comprehensible way and cut down on the legalese. Our lead attorney, Jorge Villegas, has over 15 years of legal experience and is dedicated to providing the most attentive and exceptional service. Call today to schedule your free consultation and learn more about how we can serve you!