THE BENEFITS OF HAVING AN ESTATE PLAN

There are a number of reasons that people create estate plans. By taking the time to plan your estate you will also be able to:

Leave an Intentional Legacy to Your Family

If you want to make sure your spouse is taken care of when you die and that there are no complications, unnecessary legal issues or unexpected expenses and delays or if you want to ensure that your children’s upbringing and education are assured, a proper plan can ensure that your legacy is intentional and effective.

Quickly Disperse Property to Beneficiaries

There are a number of options that an experienced estate planning attorney can walk you through to help ensure that your property passes quickly and without complication. Arrangements can be made to help your family avoid the probate process, which is the legal process by which the court is asked to approve your will and the distribution of your assets. It can sometimes be a costly and lengthy process and options include living trusts, enacting and updating proper beneficiary designations, insurance policies, updating property titles and taking advantage of other laws that can simplify and expedite the transfer of your assets according to your wishes.

Choose Executors/Trustees for your Estate

Choosing competent people to be in charge after you are gone and giving them the necessary authority will save money, reduce the burden on your survivors, and simplify administration of your estate.

 

 

Jacob Wooley, a partner and estate planning attorney with Thomas Walters, PLLC, is ready to guide you through the complex world of estate planning. If you would like to meet Jacob and learn more about how best to protect yourself and your legacy, call 682-422-3495 to schedule your free, one-hour estate planning consultation. 

Jacob Wooley

Jacob K. Wooley, PLLC, 1703 Fountainview Drive, Mansfield, TX, 76063

Jacob Wooley is an estate planning attorney serving the Central Dallas/Fort Worth area. He attended the University of Arkansas for his undergraduate degree. He then graduated from Mississippi College School of Law, and is licensed to practice in Arkansas and Texas. His practice experience with businesses and families allow him to address a wide range of estate planning issues. Jacob’s focus is helping clients develop a comprehensive plan that gives them peace of mind knowing their affairs are in order. His law firm’s unique Lifetime Lawyer Program ensures that your estate planning program remains current through future life and law changes.