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Probate & Estate
USE WILLS AND TRUSTS TO CREATE AN EFFECTIVE ESTATE PLAN
The Law Offices of Kennedy & Jackson
713-783-7444 | Email
Do you have a spouse or children? Are you approaching retirement? Do you own a house? Do you have a savings account or a retirement account? If so — you should have an estate plan.
CREATING AN ESTATE PLAN IS STRAIGHTFORWARD AND NECESSARY
Estate plans are not just for the wealthy. Rather, an estate plan is a general term to describe a combination of wills, trusts and other legal documents that describe — in a legally binding way — your wishes for your family, your assets and yourself in the event of your death or incapacitating disability.
WITHOUT THE PROPER WILLS AND TRUSTS, YOUR WISHES WILL NOT BE CONSIDERED
If you pass away without a will, the state will decide who gets your assets, without considering your wishes. The state will also decide how best to care for any minor or disabled children you leave behind. If you become incapacitated by an illness or injury — like dementia or Alzheimer’s disease — without first creating medical and financial powers of attorney, state law will determine who is authorized to make decisions for you regarding your health care and finances.