Controlling Your Legacy With A Will
Regardless of wealth, age or family status, every adult in Texas should have a last will and testament. While people with high net worth may need a more comprehensive will, individuals and couples from all walks of life ought to have at least a simple will to guide and clarify the settling of their estate.
In the absence of a will, one’s estate will be divided according to the Texas laws of succession. By creating a will, you can control your legacy and ensure that your assets are distributed as you intend.
Work With An Estate Lawyer Who Will Focus On Your Needs And Goals
Estate lawyers at the Dallas law firm of Palmer Lehman Sandberg, PLLC can help you create a detailed, individualized will. Our attorneys will sit down with you to explore your goals and explain important provisions. We want to give you peace of mind that your affairs are in order and your wishes will be honored. We help clients address matters such as:
- Declaring your heirs and what each will inherit upon your death, including specific stipulations on inheritance if needed
- Setting aside money or assets for a special needs child or charity
- Creating powers of attorney to appoint the person(s) you trust most to administer your estate and make decisions on your behalf if you are incapacitated
- Creating a living will and health care power of attorney
- Establishing a domestic partnership agreement for you and your same-sex partner
- Setting forth funeral and burial arrangements
- Nominating guardians for minor children
Estate Planning For High Net Worth Clients And Others With Complex Concerns
We have extensive experience drafting wills and other estate planning documents for business owners, executives, professionals and other high earners with large or otherwise complex estates. Many of our clients need help creating succession plans for family businesses and farms.
In conjunction with drafting your will, our attorneys will advise you on the use of trusts and gifting strategies. For example, your will can dictate that certain assets under your control “pour over” into the trust at the time of your death to bypass the probate process.
Our Legal Team Will Help You Get Your Affairs In Order
We can start from scratch if you do not have a will. We also help clients update their wills after major life events. Revising your will and other estate documents is especially important if you are divorcing or recently divorced.