Estate planning may seem like something that only wealthy people do, but you need it as much as anyone. Your estate includes all of your assets, and you may have more of them than you realize. The attorneys at Lucé Law, PC are authorities on types of business and family law, and they can give you the guidance to create your own estate plan. You can do it at any time in your life, but you need to make arrangements for the final disposition of your property as soon as possible.
Your home, business, cars, jewelry, and investment accounts have a monetary value, but you have many other possessions that are equally important to family members who may like to inherit them. Treasures that you gather as you go through life have an emotional value as well as an intrinsic one. An estate planning lawyer in McKinney can lead you through the process that does not have to cause you any stress. It usually presents an opportunity for you to create a will, the best way to make your desires known.
You may have some misgivings about thinking of the end of your days, but making an estate plan is one of the nicest compliments you can give your family. No one wants to have unpleasantness during a time of bereavement, and your will prevents any misunderstandings. You can show your family how much you love them by signing a will that takes care of financial matters. A living will lets you state your preferences about the medical care that you prefer when you are unable to make decisions later.
The attorneys at Lucé Law, PC can advise you on how to approach the range of options available to you in disposing of your estate. You may find that a charitable or irrevocable trust provides the best management plan for you. Your decisions on powers of attorney and gifting strategies help make everything easier for your heirs. Whether your estate is expansive or modest, your heirs need your directions on managing your affairs in your absence.
Take the opportunity to review your assets and to think about the best way to distribute them to your survivors. The attorneys at Lucé Law, PC have extensive experience in family and business law and can help you get your affairs in order. Call the office at (972) 632-1300 or contact us online to schedule a free consultation.