Estate Planning in Roanoke
What is estate planning?
This is the process of creating a plan that names entities or people you want to inherit your assets after you die. If you don’t have a designated beneficiary, your loved ones could end up fighting for your belongings in probate court. Abercrombie, Sanchez & Wood Law of Roanoke helps you understand the process, so your heirs are protected from costly probate proceedings.
DIY Estate Plans
Texas estate administration and probate laws are complicated. DIY estate planning can lead to incorrect language, conflicts among beneficiaries, and poor execution. An experienced Texas estate planner drafts your will and other required documents, has them witnessed properly and executes them legally.
Revocable Living Trusts
Living trusts are harder to contest than wills. The formalities and requirements are not as strict either. A trust doesn’t require a witness and can be amended easily without revoking or republishing the previous version.
Adding a no-contest clause to your Trust or Will prevents others from challenging your estate plan in Texas. This provision prevents anyone contesting your Will, or any part of your Trust becoming ineligible to collect any assets you left that person.
Common Types of Estate Planning Documents
The Roanoke estate planning attorneys at Abercrombie, Sanchez & Wood personalize documents to meet your needs and objectives. Some of the common legal documents used for estate preparations that help keep your beneficiaries protected from creditors, bad decisions, divorcing spouses, and outside influences include:
- Legal Will and Testament
- Living Trust
- Revocable Living Trust
- Power of Attorney
- Advanced Directive
- Heir Lifetime Gifting
- Beneficiary Designations
- Joint Ownership
- Charitable Lifetime Gifting
How Can Abercrombie, Sanchez & Wood Law Help?
Making plans for your estate after your death ensures your assets go to the people or entities that you want to have them. Putting your affairs in order helps keep your heirs from dealing with all that comes with fighting in probate court.
We help you maneuver through the process of estate planning in Roanoke to protect your belongings and those you choose to inherit them. Let us create a personalized plan for your estate that assists with keeping your family intact.
Abercrombie, Sanchez & Wood Law Roanoke Property Division
Protect your estate with the legal planning you need. Our Texas estate planners ensure you’re your rights are protected after death. Call Abercrombie Sanchez & Wood Law of Roanoke at (888) 981-7506 or schedule your consultation online today.