Asset Protection And Why It’s Important
Many documents and tools can be used for estate planning. The attorneys and team at Kaplan & Moon, PLLC, have over 70 years of combined experience. We have helped individuals throughout Texas craft plans to make sure their assets are protected.
A Will, A Living Will And A Trust; What’s The Difference?
We use several resources when creating estate plans. Most commonly, a will helps make the transition as painless as possible for your loved ones. In general, your property will be transferred quickly and smoothly and you can avoid many tax burdens. Wills can range from a single page to a lengthy document. The larger your estate and the more assets you have, the more important this document is.
When it comes to managing a property and avoiding tax burdens, wills are often accompanied by trusts. There are many types, all based on your unique needs. A trust can be created during your lifetime or, if you prefer, after death. Our team of lawyers can help you determine what you should do based on your specific circumstances.
A living will is particularly useful for those who want to express their health care preferences. This document allows you to state which medical treatments you want to receive should you be unable to communicate your wishes. You can also choose a health care power of attorney, which designates a person to make medical decisions on your behalf.
Let’s Discuss Your Options; Call Today
These documents require the knowledge of an experienced attorney. We can help make sure your wishes are legally bound, ensuring that there are no questions about what you want to happen to your business, assets and/or properties. Call our Dallas office at 214-522-4900 or fill out our contact form.