Estate Planning In Abilene, Texas

Find the right Estate Planning attorney in Abilene, TX

Estate planning is a very broad term in Abilene, Texas, referring to a person's arrangements on issues that affect them and their family toward the end of their life. These might include instructions for end-of-life care, as well as drafting a will or other document with the intent of disposing of one's property after their death.

One of the first things an estate planner will ask you about when you come to them for help is what you want to put in your will. A will is a document which says who is going to get your property after your death. Once it is proven valid, a will is binding, meaning that the beneficiaries get legal ownership of whatever is left to them. Obviously, if you have any interest in what is done with your property after you die, a will is going to be at the center of your estate plan. However, it is rarely the only part of a solid estate plan.

A solid estate plan will also include instructions to your doctors about your preferences for end of life care, in case you become unable to express them. This is identified as a "living will." It should also include instructions about funeral arrangements and organ donation.

Most importantly, an estate plan should give instructions on the care of your minor children. It should lay out who is to take custody of them, and, if possible, leave them a large sum of money to assist with this care. Of course, you should discuss this matter with the people who you want to take custody of your children, to make sure they can truly take on such responsibility.

What Type of Estate Plan Do I Need in Abilene, Texas?

Obviously, the answer to this depends on many factors, as well as your goals and preferences. However, most people, when deciding what type of estate plan they need, consider their health, age, and wealth.

For example, if you are in your 20's and unmarried, an estate plan probably does not need to be on your priorities, unless you are very ill, or independently wealthy.

If you have a life partner in Abilene, Texas, but aren't married to him or her, estate planning is necessary. If you want your partner to have most of the same rights and responsibilities as a spouse, it's typically possible with good estate planning. You should grant your partner power of attorney, so they can make arrangements for you in case you become incapacitated. Moreover, you should name your partner as a beneficiary in your will, because, unlike a spouse, a life partner will not automatically inherit your property if you die without a will.

Other groups for whom estate planning is very crucial in Abilene, Texas are people who are elderly and/or have a lot of assets. This may be the point in one's life where estate planning is most crucial. While it's true that the process of making an estate plan requires a person to deal directly with the reality of their own mortality, it is extremely important if you value the security that comes with the knowledge that your family will be provided for.

Do I Need a Abilene, Texas Estate Planning Attorney?

Because estate planning can be an intricate process, the expertise of a good lawyer in Abilene, Texas who specializes in wills, trusts, and estates can make the process a great deal easier.

Talk to a Wills, Trusts & Estates Law Attorney now!

Life in Abilene

Abilene, Texas is a city in Taylor and Jones Counties. It has a population of approximately 118,000 people, and is the county seat of Taylor County.

Abilene, Texas was founded in 1881 by cattlemen, as a shipping point on the Texas and Pacific Railway, which was beginning to link faraway parts of the country with one another.

Modernly, Abilene, Texas is a vibrant, thriving community, with many notable residents. For example, an Abilene, Texas attorney named Sarah Weddington lives in the city. She represented "Jane Roe" in the case of "Roe v. Wade," which resulted in the legalization of abortion nationwide.

Of course, there are many other capable and accomplished attorneys in Abilene, Texas, who just don't happen to be famous. However, if you are in need of any type of legal services, it's very likely that a lawyer in Abilene, Texas can help.

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