Estate Planning In The Woodlands, Texas

Find the right Estate Planning attorney in The Woodlands, TX

Estate planning is a very broad term in The Woodlands, Texas, referring to a person's choices 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.

The creation of a will (the document laying out what is to be done with your property after your death) is an essential element of an estate plan, but it is normally not the only element. There are many other necessary things that most estate plans should include.

Besides a will, a quality estate plan will include a living will, which gives your doctors and relatives instructions concerning your healthcare in the event that you become incapacitated, funeral arrangements, and instructions on organ donations.

Perhaps most importantly, your estate plan should make arrangements for the care and custody of your minor children, if you have any. Of course, you should discuss this matter with the person you intend to take custody of the children beforehand, to ensure that they are able and willing to provide proper care.

What Type of Estate Plan Do I Need in The Woodlands, 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.

If you are in good health, young, and not married, planning an estate is probably not a high priority. And at this point in your life, it doesn't really have to be, with a few possible exceptions, such as individuals who work in very dangerous jobs, or who are very wealthy.

Individuals who are, for different possible reasons, unwilling or unable to get married, but are in committed, lifelong relationships, are perhaps most in need of a good The Woodlands, Texas estate plan. Because couples who aren't married don't automatically get any of the legal rights (such as hospital visitation, inheritance rights, and power of attorney) that come with marriage, they have to secure these rights through other means, such as wills and power of attorney agreements.

If you are elderly, and have a massive amount of assets in The Woodlands, Texas, estate planning may be more necessary at this stage of your life than any other. While estate planning deals with some morbid and unpleasant subjects (requiring us to confront the reality of our own mortality), it is essential if you wish to live your life secure in the knowledge that your loved ones will be provided for to the extent that your assets allow.

Do I Need a The Woodlands, Texas Estate Planning Attorney?

In The Woodlands, Texas, estate planning is rarely simple, even if it's not the most convoluted thing in the world. Given the importance of what's at stake (the financial security of your loved ones), a good estate plan is essential, as is the help of an attorney who specializes in wills, trusts, and estates law.

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

Life in The Woodlands

The Woodlands is a community located in Texas. It is within the Houston-Sugar Land-Baytown metropolitan area. Per the 2010 census, its reported population is 93,847 people. Specifically, this area is located 32 miles north from Houston.

Top employers include Chevron Phillips, Anadarko Petroleum Corporation, Baker Hughs, CBI, Hewitt Associates, Maersk Line, and Safmarine.

The legal industry also has a presence in the area because many attorneys call The Woodlands home. Also, with the area being so near Houston, residents and local businesses have access to the top-tier law firms and excellent attorneys that practice in the Houston area.

Celebrities who have once called The Woodlands home include Torrie Wilsom, Laura Wilkinson, Peter Stroud, Nick Mitchell, Larry Izzo, Jack Ingram, Hayes Carll, Michael Glyn Brown and Lance Blanks.

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