If You Have Assets And Loved Ones, You Need An Estate Plan
Few responsibilities get postponed or flat-out ignored as much as creating a comprehensive estate plan. If you have accumulated any amount of assets during your life and you have loved ones, then you need an estate plan. Yet studies show more than half of all adults in the U.S. do not have even a basic will in place.
The law office of David Coffin PLLC, in Southlake, Texas, helps individuals protect their assets and ensure their holdings are distributed according to their wishes when they die.
David understands it’s not pleasant to plan for death or the possibility you will become incapacitated and need a trusted family member or friend to make decisions for you. However, he also knows you have worked too hard to let the state dictate what will happen to your home, your savings and other assets when you die. That is what happens when someone dies without a will or other estate planning documents in place.
Estate Plans Are Not Just For The Wealthy
Whether you are creating your first estate plan or updating an existing one, David will take the time to review all aspects of your life and thoroughly discuss your wishes in order to design a plan that achieves your objectives. At minimum, your estate plan should include:
- A will that explains how you want your assets distributed when you die
- Power of attorney designation for financial decisions in case you become incapacitated and you’re unable to make decisions on your own
- Power of attorney designation for health care decisions, including your wishes regarding end-of-life health care measures
Depending upon your objectives, your family structure and numerous other factors, you may also wish to establish a trust, name a guardian for minor children or use any of a number of other estate planning tools to achieve your goals.
There Is No Reason To Postpone Any Longer
David will explore every option with you and explain things in a manner you can understand. Everything you need can be drafted affordably and in a timely fashion. You may have pushed this off your to-do list because it seemed unpleasant, but you will be amazed how comforting it feels to have a comprehensive estate plan in place.
Call 817-756-1792 or use the online contact form to schedule an appointment with a knowledgeable estate planning lawyer. The firm serves clients in Tarrant County, Denton County, Collin County and across Texas.