Protecting Your Legacy With Skilled Legal Assistance
A will is a legal document that outlines your wishes regarding the distribution of your assets after your death. It can also name a guardian for minor children and an executor to fulfill your wishes. Without a will, your assets may be distributed according to state law, which may not reflect your wishes.
Having a will can provide peace of mind knowing that your assets will be distributed according to your wishes. It can also make the probate process smoother and more efficient, saving time and money for your loved ones. Additionally, a will can name guardians for your minor children and protect your assets from certain creditors. At Artie Pennington Law Offices, PLLC, we can help you determine your goals and create a will that supports your legacy.
Understanding Trusts: What They Are And Why You Need One
A trust is a legal entity that can hold and manage assets on behalf of a beneficiary. Trusts can be revocable or irrevocable and can be used for a variety of purposes such as avoiding probate, minimizing taxes and protecting assets from creditors.
The Benefits Of Having A Trust
Having a trust can provide many benefits, such as avoiding probate, maintaining the privacy and reducing estate taxes. It can also offer greater flexibility in the distribution of assets and can protect assets from creditors. Additionally, a trust can provide for the ongoing management of assets for minors or special needs beneficiaries.
Different Types Of Trusts
There are many different types of trusts, each with its own unique purposes and benefits. Some common types of trusts include revocable living trusts, irrevocable trusts, testamentary trusts, special needs trusts and charitable trusts. Your attorney can help you determine which type of trust is right for your individual needs.
Artie Pennington Law Offices, PLLC, Can Help
Our experienced attorney understands the importance of a comprehensive estate plan that reflects your needs and goals. We will spend the time needed to understand your unique situation and goals. We will work with you to create a customized plan that provides for the distribution of your assets and the protection of your loved ones. We bring our expertise in estate planning and business ownership, as well as our attention to detail and creative problem-solving, to every case.
Start Planning For Your Future Today
Secure your legacy and protect your loved ones with a personalized will or trust. Contact our experienced lawyer at Artie Pennington Law Offices, PLLC, in Kyle and Austin, Texas, at 512-982-1190 or contact us online to schedule a consultation and start planning for your future today.