Wills Attorney Arlington TX
A wills attorney Arlington, Texas provides to residents is a legal professional who can help protect, organize, and distribute your assets in the event of your death or incapacitation. Although you can technically create your own will, doing so could be risky especially when significant amounts of financial wealth or assets are involved.
An Established Arlington Wills Attorney
Brandy Austin Law Firm, PLLC is a firm driven by the desire to protect and defend the rights of our clients. With years of experience in drawing up wills and trusts, we understand the complex legalities involved. As a wills attorney Arlington TX can rely on, we can discuss the details of your will and explain the process of creating one. For a free consultation, please call the Brandy Austin Law Firm, PLLC now. If you would like to know more before contacting us, the following information may be helpful.
What Is a Will?
A will, also known as a living will or advance directive, refers to a legal document which gives the bearer (or drawer of the will) the right to state their final wishes for medical care, asset distribution, financial wealth, and so forth. By not having a will that expresses such wishes, avoidable disputes and legal mishaps could arise in the event of your death or incapacitation.
Notarizing Your Will
Every state has developed its own laws and rules pertaining to what is considered a legal and valid will. Although some people choose to create one on their own, most will retain a wills attorney Arlington TX has to offer. Your will can be brief and just a few pages in length, or very extensive. An important part of the will is the notary. Without this legal notarization of the will, a court could consider it null and void. Once a wills attorney in Arlington TX or public notary signs it, the will is valid. Should you ever wish to modify the legal document, you can do so at any time.
The Benefits of a Wills Attorney Arlington TX Trusts
Choosing to retain an attorney for the drafting of a will can give you immediate peace of mind. Brandy Austin Law Firm, PLLC can ensure nothing is left out of a document that could secure financial stability for your loved ones. As a wills attorney Arlington TX depends on for legal guidance, our team will take into consideration any federal, state, or local laws so that no legal hindrances arise in the future. Tax advantages for your heirs might also be discussed; thereby providing them with the opportunity to maximum their inheritance. In addition, Brandy Austin Law Firm, PLLC is ready to advise clients on the following:
- Choosing or naming a beneficiary for financial power of attorney
- Allocating permissions to individuals who can have access to financial accounts
- Creation of an ethical will which discusses the reasons for specific distribution
- Drawing up a legally binding last will and testament
- Estate planning and guidance
- + More
Do You Need a Will Attorney?
A will attorney can be highly advantageous when you:
- Own assets in multiple states or countries
- Have minor children
- Are remarried
- Own a business
- Possess physical or financial assets worth over $1 million
- Are unable to understand the entire legal process or relevant documentation for writing a valid will
If you would like to know more about creating a will, Brandy Austin Law Firm, PLLC would like to speak with you. For a complimentary consultation with a wills attorney Arlington TX respects, please call today.
Adding a Will to Your Estate Plan
You might wonder why you would need a will if you already have an estate plan. The purpose of a will is to have a written document that is legally binding in dividing your assets after you pass. In putting your wishes into writing, you are essentially taking care of your family. So often, when there is no will, families are left to fight over the inheritance. The distribution of assets will likely become the court’s decision and can take a long to time for it all to be resolved. Contact Brandy Austin Law Firm, PLLC today and a wills attorney in Arlington Texas will guide you on the importance of having a comprehensive estate plan, including a will, that ensures your family is taken care of.
How the Will Fits into the Estate Plan
A will is an important addition to your estate plan because it will ensure your family is taken care of, even if you have a trust in place. Many people choose to have a will in addition to a trust in order to cover all aspects of his or her estate. A wills attorney in Arlington TX will help guide you to create these important documents in an effort to handle assets and debts so that your family is clear on your wishes. The wills attorneys at Brandy Austin Law Firm, PLLC will be able to explain the many options available when it comes to estate planning and what is best for you and your family.
Elements of a Will
A will allows the creator (also referred to as the testator) to identify exactly how the individual’s estate will be distributed in the event of his or her death. The estate includes physical items such as homes, cars, furniture, art, jewelry, etc. The estate also consists of monetary belongings including checking accounts, savings accounts, stocks, bonds, etc.
A Will Versus a Trust
Although wills and trusts are quite different, when handled correctly they can be complementary to each other and to the estate plan that reflects your wishes. There are many types of trusts but the most common is a living trust. Ultimately, living trusts are legal agreements between the creator, the trust and the beneficiaries. A trust is likely to reduce or avoid taxes and probate court. Similar to a trust, a will allows the creator to identify beneficiaries, but it also may identify guardianship of minor children and possibly address debt. An Arlington TX wills attorney can go over the different types of trusts available and how your estate plan could benefit.
How to Ensure Your Will is Not Challenged
In writing a clearly thought out and well planned will, especially with the help of an experienced wills attorney, you will significantly reduce the chances of anyone being able to contest the will. Brandy Austin Law Firm, PLLC understands state and federal estate planning laws and the appropriate execution of a will that is legal and binding.
Ultimately, in putting your wishes in writing, you are making certain that you are taking care if loved ones. Brandy Austin Law Firm, PLLC can help facilitate the process of creating a will as part of your estate plan. We will facilitate the most appropriate plan that suits your needs and protects your family. Contact us today to meet with a wills attorney Arlington TX clients trust from our firm.