Experienced Counsel For Creating A Will Or Trust
If you own any property or have loved ones, it is highly advisable to create a will, trust or both. Without these building blocks of an estate plan, you would leave an important moment to chance.
Our estate planning attorneys at Law Offices of William A. Pigg, PLLC, know that there are many misconceptions about wills and trusts in Texas. However, estate planning tools are not just for wealthy or elderly people. Our mission is to educate and help you find the right mix of solutions for your needs.
Wills Offer Foundational Protection
Depending on your needs and the type of assets you have, a will may be the right option for you. Wills can contain your wishes regarding inheritance, charitable giving and more. You can also name the person, or executor, who will oversee settling your estate.
We can help you identify which assets to include in your will. Our lawyers can also review your family and financial situations to identify any risks or problems that might be beyond the scope of a will.
Trusts Offer Advanced Control
There are numerous types of trusts and each provides a specific function such as:
- Providing for a child’s education
- Passing inheritance directly to grandchildren
- Minimizing tax liability
- Protecting assets from creditors and civil litigation
- Giving to charity
You can change a revocable trust over your lifetime, but you cannot alter an irrevocable trust. Therefore, it is critical that you understand the opportunities and limitations before forming a trust.
Our attorneys have in-depth experience with trust law. We can review your situation and recommend the type of trust that suits your goals. Our firm emphasizes common-sense solutions, so we will not push you toward a method that is more complicated than you need.
Learn More About The Benefits Of Estate Planning
For a free consultation about wills, trusts or other estate planning methods, call 214-699-5663. You can alternatively send us an email. Based in Dallas, Law Offices of William A. Pigg, PLLC, treats our clients with respect and compassion while they make these highly personal decisions.