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Wills & Estate Planning in Arlington
Safeguarding Your Family’s Future
Many people often erroneously believe that estate planning is only for the wealthy. However, these important tools are essential to help ensure that your wishes are followed in the event of your incapacity or upon your death. Proper estate planning can save you and your family thousands of dollars. Our estate planning attorneys can help provide you some certainty for those uncertain times and safeguard your family’s future. Our team has more than 75 years of combined legal experience and a commitment to helping each client we serve to properly prepare for such events.
Get started on managing your estate and contact Norred Law, PLLC today at (817) 500-9433 to schedule a consultation.
Is Estate Planning Necessary?
Yes. Everyone needs an estate plan. A failure to have an estate plan means that you have decided to let the state determine what happens to you and your property. Estate planning is your only opportunity to make your wishes known prior to you being incapacitated or dying. Whether you have multiple homes and investments or a single family home and a few sentimental items of value, an estate plan can help streamline the process for your surviving family members.
What Can a Will Do?
A will is essential for legally protecting your children, spouse, and assets.
Here are some of the benefits of having a will:
- You can state how you wish your estate to be distributed
- You can decide who will care for your minor children
- It can minimize estate taxes
- You can disinherit those who would otherwise inherit
- Your family members can sometimes avoid probate or drastically reduce the time and cost of probating your estate
- You can make gifts and charitable donations through your will
Moreover, no one knows when their last day will be. If you procrastinate this for too long, you will leave your loved ones unprotected if an untimely death were to occur. The last thing you want is for your family to suffer in your absence, so look out for them by creating a will now rather than later.
How Else Can an Estate Planning Lawyer Help?
Estate planning involves more than a will. At Norred Law, PLLC, our estate planning attorneys can help you find ways to reduce estate taxes, establish durable power of attorney and medical power of attorney, designate or exclude guardians, and designate whether you want to be kept alive after suffering a irreversible condition or allowed to pass.
Time is not your friend when deciding on whether or not to prepare an estate plan. The best way to protect yourself and your family is to speak to an estate planning attorney to ensure that, regardless of the future, your wishes are respected. At Norred Law, PLLC in Arlington, we understand the importance of estate planning and help you create an effective estate plan that meets your desires and needs.
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