Georgetown, Texas Wills and Trusts Attorney
We all want to live long, healthy lives. But life eventually ends and before it does, we may face situations that make it difficult to take care of ourselves. Effective planning can prepare us for these unfortunate circumstances and make difficult times easier for those we love. My staff and I at Kevin Henderson Attorney at Law help clients of all ages with estate planning and guardianship services, including seniors living in the Sun City community in Georgetown, Texas. My goal in providing estate planning and guardianship services is to help you determine the strategy best suited to your situation. The tools I use to help you accomplish this include:
Why you should have a power of attorney in Georgetown, Texas
You need a durable power of attorney in Texas to make sure that business, financial and legal decisions are handled on your behalf if you become disabled or incapacitated, or if you otherwise need help on a daily basis to accomplish these things. A durable power of attorney allows you to appoint someone you trust, and grant that person the authority to make decisions in areas you choose. A durable power of attorney is a vital planning tool, especially if disability or incapacity due to accident or medical conditions prevents you from making important decisions.
A durable power of attorney allows you to appoint someone who can start making decisions immediately, or appoint someone whose power only springs into effect under certain specified conditions, such as disability or incapacitation. You retain the right to revoke a power of attorney at any time. Also, you may continue to make decisions on your own behalf, even if you have appointed someone under a power of attorney.
At Kevin Henderson Attorney at Law, I assist clients with durable powers of attorney and assist with medical powers of attorney. A medical power of attorney appoints a third person to make medical decisions on your behalf.
If you do not have a power of attorney in place, a court may appoint a guardian for you, should you become incapacitated. The guardianship process requires a court hearing and is more expensive than a power of attorney. A guardian also has greater power to make decisions about your life. For these reasons, a power of attorney is often the best method to handle these issues.
The importance of having a will in Georgetown, Texas
Wills are important estate planning tools for many reasons. If you don’t have a will, your property will pass to your relatives upon death, according the laws of intestacy in Texas. This may result in relatives receiving property contrary to your wishes. You need to execute a valid will to make sure that your property goes to the person or people you want to receive it.
Also, if you have a power of attorney in place, it is only valid while you are still living. Once you die, the person who has power of attorney on your behalf will no longer be able to exercise it. At that point, you need a will or other estate planning tools to kick in and determine how your property will be distributed, or the laws of intestacy will decide for you.
The value of estate planning and trusts in Georgetown, Texas
My goal in providing estate planning services is to help you gain some peace of mind about future events. In addition to wills, there are many types of trusts that can be used to accomplish estate planning goals. I discuss these with clients and help them determine the best vehicles for their estate planning needs. The types of trusts include:
Have an experienced wills and trusts attorney help with your Texas estate planning needs
Contact a Georgetown, Texas estate planning and wills and trusts attorney for a consultation to discuss your situation. At Kevin Henderson Attorney at Law, I represent clients in Georgetown, and throughout all of Williamson County, including Sun City, Round Rock, Austin, Temple and Bastrop.