We help individuals, real estate investors and business owners navigate legal issues with confidence. Period.
We help individuals, real estate investors and business owners navigate legal issues with confidence. Period.
It’s easy to find free estate planning guides online these days. Are you tempted to save the time and money of hiring an estate planning lawyer? Print eight or ten free forms off a website, and you can handle your estate planning matters independently. Right?
Wrong. Trying to handle the legal complexities involved in estate planning without legal aid can be disastrous. You might lose assets in the probate process, drain savings, and pay more estate or inheritance taxes than you should. Your DIY will might even be invalid when you pass on! DIY estate planning is usually a losing proposition.
A Houston estate planning attorney will review your estate and goals and recommend a legally sound estate plan that’s best for you.
A one-size-fits-all approach to Texas estate planning doesn’t usually work out well. Every family and estate is unique. For example, estate planning for young families may look much different than that of a retired couple.
Additionally, a situation with some or all of these factors requires a customized estate plan:
You can learn online how to do many things these days. From changing a tire to filing your taxes, there are many things we do ourselves at home. But most of us shouldn’t handle our estate planning by ourselves.
Here are some possible negative outcomes to DIY estate planning:
Your estate planning lawyer has a deep understanding of Texas estate law and experience in many complex legal subjects that affect seniors:
Imagine trying to handle these complicated elder law issues on your own!
If you need estate planning advice, you must talk to an attorney as soon as possible. The Houston estate planning attorneys at The Titus Law Firm will help devise a legal strategy to protect your assets, reduce taxes, and much more. Please contact us today.
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That being said, no one knows what will happen in the future, and if you have assets that need protecting, the best way to preserve your wealth for future generations is to speak with an estate planning lawyer early.”
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There’s no minimum age for beginning your estate plan. In fact, it’s never too early to start, but there may come a time when it’s too late for certain estate planning strategies. You’ll want to create your estate plan long before you need long-term care, for example.
That being said, no one knows what will happen in the future, and if you have assets that need protecting, the best way to preserve your wealth for future generations is to speak with an estate planning lawyer early.
If you need to change something in your estate plan, it’s best to work with an experienced estate lawyer. An estate planning attorney can ensure that your estate planning documents are legally binding and that they express your wishes exactly.
You should update your estate plan at least once every few years, but you also need to keep in mind that your estate planning strategy should always reflect your lifestyle and your needs. This means updating your estate plan whenever you experience a major life change – like a marriage, a divorce, a new baby, or moving out of state.