Estate Planning Farmersville Texas, many years of experience providing Farmersville Texas with FLAT FEE legal services.
An estate planning lawyer can help you set up an estate plan. Estate planning typically begins with making a will or setting up a revocable living trust. Making a will can provide the executor of your estate with instructions, but a will does not help avoid probate. In fact, a will must be probated in order for the executor to be appointed and the estate assets must go through the probate process before they can be distributed to the heirs. If property is held in multiple states, then a probate proceeding may be required in each state where property is located. An estate planning lawyer can help you avoid unnecessary legal proceedings by setting up an estate planning probate avoidance trust. Although setting up a trust is slightly more costly than making a simple will, putting assets into a probate avoidance trust can help avoid unnecessary estate probate costs and thus ultimately provide more savings in the long term.
R DEAN DAVENPORT ATTORNEY AT LAW
2150 S. Central Expressway, Suite 200
McKinney, Texas 75070-4000
469-352-1876
