Protect Your Loved Ones With Comprehensive Estate Planning

Knowing what will happen in the future is difficult at best, but planning for the future eases your mind and reassures loved ones. A will or trust can clearly establish your priorities for your surviving spouse, your children, and your grandchildren. Having well-drawn powers of attorney as well as medical powers of attorney and guardianship directives empowers your loved ones in taking care of you and protecting those things that are important to you.

At the Law Offices of David W. Biles, P.C., in Denton, our firm provides experienced estate planning guidance. Through the creation of wills and trusts, as well as other estate planning tools, we help individuals and families address complex legal issues. We use straightforward language to make it as easy as possible to understand how to protect yourself and your property in the future. Our lawyers will explore your priorities with you and offer sound guidance on achieving those priorities.

The Purpose Of A Will Or Trust

A will provides for the orderly management and disposition of your property after death, while at the same time helping avoid arguments and controversy amongst your heirs, beneficiaries, and survivors.

Setting aside money and property for your children or grandchildren after your death can be safely achieved with a testamentary trust. Assets can be protected during your lifetime with the creation of a trust, yet allow you to manage and use those assets during your lifetime while providing for the disposition of those assets upon death. An advantage of a trust is maintaining privacy regarding your estate, both presently as well as by avoiding public disclosure of trust assets during the probate process.

Powers Of Attorney And Other Directives

If you become unable to make decisions about management of your property or even your own health care — whether temporarily because of injury or illness or permanently because of serious injury or illness or aging issues — setting out your preferences now helps others care for you and your property.

  • A power of attorney permits your designee to manage your property, pay your bills, and do what is necessary to financially protect you.
  • A medical power of attorney authorizes someone who loves and cares about you to make decisions with your physician about your care.
  • If you become permanently unable to care for yourself and your property, a guardianship directive enables someone you trust to make all those decisions for you when unable to do so yourself.

Selecting the right person to act on your behalf is important, as is the choice of an attorney to advise you in making these preparations.

Creating The Right Estate Plan For You

There are many estate planning tools that may help you and your family, including:

  • Wills
  • Trusts
  • Powers of attorney
  • Medical powers of attorney
  • Guardianship directives
  • Advance directives in event of terminal condition [living will]
  • HIPAA authorizations
  • Child health care powers of attorney

Talk To An Experienced Estate Planning and Probate Attorney

If you would like to learn more about estate planning or probate in Texas, it is important to talk with an attorney. Email or call 940-566-0566 to schedule a consultation with the Law Offices of David W. Biles, P.C.