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| Designation of Guardian for Children | |
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| Incapacity Planning |
Wills, Trusts, and Estates
Dallas, Texas
One of the most common misperceptions about estate planning is the belief that it is only for the wealthy. Almost everyone has an estate. Basic estate planning is an important component of an organized and responsible life, whether or not your estate is large enough to be subject to federal estate taxes.
Estate planning gives you control over the disposition of your property and the designation of guardians for your minor children. It allows you to plan in advance for life-altering circumstances; and to protect yourself and your beneficiaries from the effects of divorce and the claims of creditors. More importantly, it guides your loved ones during times of emotional distress; and it keeps their associated financial costs to an absolute minimum.
Almost everyone should have the basic estate planning documents in place.