UTILIZING PLANNING TOOLS
Everyone has an estate. It consists of everything you own and what is in your bank accounts. What happens to your belongings and yourself in the event that you become incapacitated can be outlined in an estate plan through different documents.
Our attorney will help you with:
- Medical directives
- Medical power of attorney
- Elder care
These tools will ensure that your belongings go to the right people and are handled according to your desires. Medical directives allow you to make your treatment wishes known should you fall ill and be unable to make decisions for yourself.
UNDERSTANDING PROBATE AND ESTATE ADMINISTRATION
When an individual passes on, their assets are transferred. This process is called estate administration. If the decedent’s assets require a title transfer or other have other stipulations that cannot take place without court intervention, the assets will go through probate.
The probate process includes:
- Filing an application
- A court hearing for executorship
- Taking inventory and having items appraised
- Paying debts and claims
- Filing taxes
- Transferring property to heirs
LET US HELP YOU PLAN FOR THE UNEXPECTED
If you would like to establish an estate plan, contact us at our Austin office. Call 512-480-5995 to speak with our estate planning and probate lawyer today. We proudly serve families throughout Travis County, Williamson County, Hays County, Caldwell County, Bastrop County and Bexar County here in Texas.