Creating Wills & Trusts in Texas
Get Insight from Our Dallas Estate Planning Lawyer: Call (972) 200-3078
At the Law Offices of Dan Chern, P.C., we are passionate about providing
personalized and effective counsel for our clients. For nearly 20 years,
our Dallas estate planning lawyer has been helping individuals protect
their assets for future generations to come.
What You Can Expect As Our Client
When it comes to creating a solid and comprehensive estate plan, there
are two pieces that can play a significant: wills and trusts. When you
come to our firm, we can review your financial and familial situation
and help you determine which aspects are necessary for your estate plan.
Our goal is to help you create a plan that you and your loved ones will
be confident in.
Personal Strategies for Every Need: We never take a cookie-cutter approach to solving your future planning
needs; rather, we provide every client with a tailored approach. We focus
on helping you create a will or trust that protects your assets and future.
Effective & Innovative Solutions: Do not hesitate on creating your will or trust because of the potential
cost of hiring a lawyer. The cost of inaction will be more devastating,
by and far. We provide cost-effective solutions without compromising on
the quality of results.
Protect What Matters Most: We know that you have spent a lifetime earning the things you hold most
dear to your heart. You shouldn’t have to jeopardize those things
when you are no longer around to protect them.
Free Consultations: You can start on your will, trust, or litigation matter today –
free of charge. Simply contact us today and we can review your case with
no obligation or risk to you.
It’s never too early to start planning.
Contact our firm today at (972) 200-3078 to set up a consult.
What Is the Difference Between a Will and Trust?
While both are useful and effective estate planning tools, there are some
serious differences between wills and trusts. Most importantly, they serve
different purposes. In many cases, individuals decide that having both
documents is the most advantageous for their estate.
For example, a will differs from a trust in that it:
- Only goes into place after you have passed away
- Directs what should happen to your property on your death
- Appoints a legal representative to fulfill your final wishes
- Passes through the probate process
- Becomes part of the public record
- Allows you to name a guardian for children
- Let’s you specify funeral preferences and arrangements
In comparison, a trust can do the following:
- Take effect immediately after being created, after your death, or even later on
- Transfer property to the trust, rather than leaving it in your name
- Pass outside of probate, directly providing beneficiaries with assets
- Remain private, rather than becoming public
- Set up a plan if you were to become disabled or incapacitated
- Bypass certain taxes for loved ones who inherit property
If you have questions on which estate planning documents would be beneficial
for your situation, our Dallas estate planning attorney would be more
than happy to discuss your case with you.