Killeen Estate Planning Attorney
Chart Your Legacy with Our Bell County Family Law Firm
As you look toward the future, it may be in your best interest to make preparations for the distribution of your assets upon your death. Careful estate planning today can ensure that your wishes are correctly followed in the future, minimizing the possible emotional strain and burden for your loved ones to experience.
To discuss your estate plan with a qualified lawyer, call (254) 221-8588 today or contact the Law Office of Nancy Perry Eaton, PLLC online.
At the Law Office of Nancy Perry Eaton, PLLC, a Killeen estate planning lawyer can build a personalized solution that meets your needs. Whether you are seeking to create a will, trust, or power of attorney, Nancy Perry Eaton has decades of experience to guide you through the entire process completely.
Legal Services for Wills & Trusts
A person’s will is the foundation of an effective estate plan. A valid operates as an authoritative set of instructions for your estate’s representative and the court to administer the assets and debts you have at the time of your passing.
Additionally, trusts can be used in conjunction with a will to preserve certain assets upon your death to ensure the people most important to you can benefit from your estate. A trust is a legal relationship where another person agrees to hold and manage your property and assets (trustee) for the benefit of others.
Texas law recognizes the existence of several kinds of trusts, each with different features and limitations. Our skilled Killeen estate planning lawyer will evaluate your case to develop a custom estate plan that utilizes specific types of trusts to advance your particular interests and individual needs.
We have experience implemented the following trusts in an estate plan:
- Testamentary trusts
- Revocable inter vivos trusts
- Irrevocable inter vivos trusts
- Charitable trusts
- Life insurance trusts
Preparing Powers of Attorney
A power of attorney is a legal document whereby one individual grants another individual the right to take specific actions on his or her behalf. Persons commonly create a power of attorney to enable someone that they trust to handle their affairs should they become disabled or incapacitated.
A knowledgeable family attorney can help you understand the legal requirements for a power of attorney and ensure that your document complies with Texas laws.
Avoiding Unnecessary Probate Administration
Because the property held in trust is legally considered to be the legal property of the trustee, such property generally isn’t part of your estate and therefore is not administered during probate. However, the trustee’s right to use trust property is restricted to ways that benefit the beneficiaries.
We can utilize the following tools to avoid probate:
- Joint tenancies
- Life insurance policies
- Community property with right of survivorship
- Probate substitutes
Consult a Killeen Estate Planning Attorney
To learn more about the benefits of wills, trusts, and powers of attorney, contact the Law Office of Nancy Perry Eaton, PLLC. When you turn to Nancy for help with your estate plan in Bell County, she can treat you like her own family.
Dial (254) 221-8588 now to schedule a free consultation with a skilled estate planning lawyer in Killeen.