Texas Estate Planning Attorneys

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Even if you are young or healthy, there is no way to predict the future. Estate planning is much more than just having a will or trust. It's also preparing medical decisions ahead of time, in case of incapacitation. It is, of course, determining who will inherit your property, but it's also protecting your assets and property according to your precise terms. At Dossey & Jones, PLLC, our estate planning attorneys can guide you through every step of establishing powers of attorney, wills, trusts, and more.

How Wills & Trusts Can Benefit You & Your Family

Wills and trusts are the foundational documents for estate planning. Fundamentally, they describe how your assets are distributed to your heirs when you pass away.

A last will and testament is a legal document that is a major part of the estate planning process because it discusses who is authorized to administer the decedent's estate, as well as how the estate is to be distributed. Having a last will and testament can remove a great deal of complication and stress from the probate administration process for the beneficiaries. When a person passes away and does not leave a will or trust, probate becomes much more complex, expensive, and time-consuming. In our experience, probate without a will can be 3-4 times as expensive and will take much longer than if the decedent had a will. Additionally, you have no say in how your property is divided or disbursed when you don't have a will or trust. If you have specific ideas about how your assets should be distributed, such as giving a specific gift to a child or charity, this will not happen unless you have a will or trust.

Legal Services for All Types of Trusts

As noted above, there are many different types of trusts available in the estate planning process. Some trusts, called inter vivos trusts, are created during your lifetime. Other trusts, called testamentary trusts, are created within your will. Selection of the proper type of trust depends on your specific circumstances.

Drafting Powers of Attorney

Any comprehensive estate plan also includes planning for incapacity during your lifetime. In the event you are unable to handle your financial affairs or make your own medical decisions, a well-drafted power of attorney will name an agent to act on your behalf and will ease the burden on your family. If you become incapacitated and do not have a power of attorney in place beforehand, your family may be required to establish a guardianship with the courts. Once you are incapacitated, it is too late to sign a power of attorney.

We Can Help You Handle Estate Planning in Conroe

We can handle all types of estate planning cases for individuals in Conroe, Spring, Conroe, Montgomery, Houston and surrounding areas. Paige H. Jones is a board-certified estate planning and probate specialist with the Texas Board of Legal Specialization. Jim Dossey is board certified in estate planning and probate and tax law, is a CPA, and has an MBA from the MIT Sloan School of management. Our firm has what it takes to get the best possible results!