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It can be uncomfortable to think about the future when we are no longer present. However, a Dickinson estate planning lawyer can help. We are here to help you organize your affairs and prepare for any unexpected events, so you can ensure that your loved ones are well taken care of even after your death.
At the Law Offices of Michelle E. Murphy, we understand the importance of crafting a personalized estate plan. This plan provides peace of mind to everyone involved and eases their burden during difficult times by offering them much-needed guidance. It ensures that your loved ones have all the necessary resources to navigate through challenging situations.
To find out more about how our services can benefit you, we encourage you to get in touch with Michelle E. Murphy today. She will be happy to schedule a complimentary 30-minute consultation session with you, where she can answer any questions or concerns you may have regarding estate planning and its benefits for both yourself and your loved ones.
What Is Estate Planning?
The process of estate planning is crucial for determining the distribution of your assets, both in situations where you are unable to make decisions independently during your lifetime and after your passing. A comprehensive approach to estate planning goes beyond simply drafting a basic will that outlines who should inherit what upon your demise. It may also encompass various additional elements, such as:
- Establishing a trust that holds ownership of your assets on behalf of loved ones, ensures a secure and confidential transfer
- Creating a living will or advance directive which clearly states your preferences regarding medical care in case of incapacitation
- Designating beneficiaries for specific portions of your assets, including retirement funds and bank accounts
- Appointing guardianship for minor children
- Granting powers of attorney to trusted individuals who can make medical decisions on your behalf when you cannot do so yourself
- Setting up charitable trusts that allocate certain assets to nonprofit organizations
- And more!
Attorney Michelle E. Murphy focuses on estate planning in Dickinson and gets to know each client personally. As a result, she can assist you in crafting an estate plan that meets all aspects of your unique circumstances.
Why Is Estate Planning Vital?
It is impossible to overstate the importance of estate planning. Failure to develop a well-thought-out plan will put your assets at risk, possibly denying your family of their inheritances and posing financial hardships for them.
The courts in Texas will divide your assets according to the conditions established in your will, but this procedure may lead to lengthy paperwork and considerable expense for your grieving family members. The decision-making process is always ambiguous, even if you have a will in place. Your family may need to make difficult financial and medical decisions about you if you become disabled. Furthermore, if you die without a will, your family will not be informed of your preferences following your passing. Under such circumstances, Texas intestate laws govern asset distribution regardless of human preferences. In any of these circumstances, family issues and legal problems may arise, causing emotional strain on all parties and depleting the bank account-a legacy no one wants!
To avoid any of these issues, it is advisable to take early action by contacting our knowledgeable Dickinson estate planning attorneys. Our estate planning services are designed to preserve every part of your wealth, including nursing care bills, and ensure it reaches its intended recipients without going through probate court or disturbing familial relationships.
Additionally, we provide protection for young children by arranging guardianships that share your ideals when parents pass away. With our knowledge on hand, you may be confident that we will clearly describe and enforce your wishes—a priceless shield protecting everything that is important to you!
What Can Our Dickinson Estate Planning Lawyer Do For You?
Regardless of your age or health status, it is never too late to establish an estate plan. Taking steps to plan your estate becomes imperative if you own property or care for family members. Michelle E. Murphy Law Firm’s estate planning attorney has been crafting tailored estate plans for individuals living in Texas for over 20 years and has a wealth of experience. In addition to providing you with various options, our team will address any questions or concerns you may have, and handle all necessary paperwork so you can fully enjoy the present. Get in touch with us today and schedule a complimentary half-hour consultation to get started.
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Ms. Murphy made sure to use all of her resources and did everything legally possible to help me. She fought harder than other lawyers out there and found ways to make everything work in my favor. I really appreciate how she helped me and made me feel at ease under the worst circumstances. I recommend her highly.
Why Choose Us?
20+ Years Of Experience
Personalized Attorney Attention