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Why you need an estate plan

On Behalf of | Dec 16, 2019 | Estate Planning |

Texas law provides a sort of default estate plan via the intestacy rules. However, these regulations are probably not going to do many of the things that a complete estate plan could for your loved ones. Therefore, while an estate plan is not required by law, it is often necessary if you have specific goals for the distribution of your assets.

Apart from directing your wealth where you want after you are no longer able to make decisions, estate plans have other related benefits and functions. At Doehring & Doehring Attorneys at Law, we realize that our clients are often making personal decisions as well as legal or financial ones when they craft their goals for the future. Through our practice, here is how we strive to maximize all of the benefits of estate plans.

One of our first goals is to help families through the loss of a loved one. Various aspects of our practice are focused on this. Whether we accomplish it by drafting clear and effective wills or supporting the administration of an estate, the goal is the same.

We also put a priority on preserving assets. During the planning process, we may accomplish this by various methods — setting up a specific types of trusts, for example. We also try to implement the most efficient and effective ways of resolving disputes during probate for this reason.

If there is a legal way to preserve assets, facilitate a smooth transfer of wealth or ease the grieving process, we will suggest it to our clients. Please read more on our main site.