As you enter your golden years, planning for your future legal needs should become a top priority. Texas is a wonderful place to retire but you put yourself and your family at risk if you don’t address your basic estate planning requirements. Fortunately, you can hire an elder law attorney to help you navigate the planning process and build a stable future for you and those you love.
At Anderson Estate Planning, we provide legal services in the area of elder law, including estate planning and asset protection. You can count on our firm to be there for you every step of the way and make your long-term care planning as straightforward and hassle-free as possible.
How Can a Texas Elder Care Lawyer Help You?
We have a very deep and rich history of providing asset protection, and estate planning services in Texas, our firm is uniquely qualified to handle all your elder law needs. Here are some of the general elder law services we offer our clients:
Most of our services fall within the legal area of estate planning, including trusts, probate, powers of attorney, asset protection, etc. We’ll develop a plan of action that carries out your wishes regarding your estate in the exact manner you desire, including the designation of agents to make your medical, legal, and financial decisions if you are unable to make those choices yourself.
Asset protection planning is only effective if it is completed before you have notice of a claim against you. To be clear, you become aware of a claim the moment someone threatens to sue you (even if they haven’t done so). At that point, subsequent asset protection measures will not guard against the existing claim. When we go through the asset protection process, we’ll evaluate your finances, income, and liabilities, then create a custom protection plan, ensuring your most precious assets are safe for the long term.
Powers of Attorney
A critical part of your overall estate plan is determining who will be your agent to make your legal, medical, and financial decisions if an illness or injury renders you unable to do so independently. Legally, this is accomplished by signing powers of attorney, which provide peace of mind and ensure you have one or more trusted individuals ready to carry out your legal, financial, and medical wishes.
Trusts may be revocable or irrevocable trusts, although the latter usually is reserved for situations in which someone is seeking, or wants to maintain, needs-based government benefits. In elder law scenarios, you may be seeking to qualify for Supplemental Security Income, Medicaid, CHIPS, or other benefits. Regardless of your estate planning needs, we’re here to provide expert legal assistance for you.
Texas recognizes two types of written wills: attested and holographic. An attested will is the most common type. To be valid, it must be in writing, signed by you, or another person at your direction and in your presence, and attested in your presence by at least two credible witnesses over the age of 14 and a notary. A holographic will must be written completely in your handwriting and signed by you. There is no requirement for it to be signed by any witnesses. Ultimately, a will makes it easier for your loved ones to receive the proper distribution of your assets promptly and avoid problems like lengthy probate.
Trust Anderson Estate Planning with Your Elder Law Needs
At Anderson Estate Planning, we’re committed to securing brighter, happier futures for our clients and their families. If you require an elder law attorney, our legal team is here to offer our services, including comprehensive estate planning. Call Anderson Estate Planning at (469) 207-1529 to schedule your consultation with an elder law attorney today.