ACCREDITED* AND CHARTERED** ESTATE ATTORNEY IN CEDAR PARK, TX AND THE Surrounding Areas
If you don’t have a Will, the State of Texas has one for you, and it’s not very good! A common misunderstanding we hear from those who haven’t completed their estate planning is the belief that when they die, their husband or wife simply gets everything. In some cases, this couldn’t be further from the truth—the surviving spouse may get nothing at all. Dawson Law LLP® creates customized estate plans for clients with a wide variety of backgrounds, assets, and personal goals. The Firm’s unique approach explains the complexities of estate planning laws in ways that’s easy to understand, assesses your unique situation to help you create an effective plan, and engages you to participate in your planning instead of being told what to do. With the Firm’s sole focus on estate planning related matters, you can feel confident that someone will be there as you enter different seasons of your life. Dawson Law LLP® serves individuals, families, and business owners in Cedar Park, TX and the surrounding areas.
*Attorney Match Dawson; Accredited Estate Planner®; accreditation by the National Association of Estate Planners & Councils.
**Attorney Match Dawson; Chartered Trust and Estate Planner®; accreditation by the Global Academy of Finance and Management.
Basics of Estate Planning
⦁ How will your beneficiaries avoid what is often an expensive and time-consuming probate process?
⦁ How to avoid or minimize disputes between heirs over your assets?
⦁ How will you protect your heirs from their creditors?
⦁ When and how will your beneficiaries receive the assets you want to pass on to them?
⦁ How can you reduce or avoid paying estate or gift taxes?
⦁ Who will manage your assets if you become incapacitated by illness or injury, or if you pass away?
⦁ Who will make sensitive healthcare decisions on your behalf if you become incapacitated?
⦁ Who will become the legal guardian of your minor children if you are unable to care for them in the future?
Essential Estate Planning Documents
Simply having a Last Will and Testament is not an “Estate Plan”—it’s simply one piece of it. A complete estate plan drafted by Dawson Law LLP® will commonly include the following documents:
⦁ Revocable Living Trust
⦁ Last Will and Testament
⦁ Financial Power of Attorney
⦁ Medical Power of Attorney
⦁ Guardianship of Minor Children (if applicable)
⦁ HIPAA Authorization
⦁ Disposition of Remains
⦁ Advance Directive (“DNR”)
⦁ Trust Certification
⦁ Executive Summaries
⦁ Funding Instructions
⦁ Document flowcharts
The following are types of trusts that may be used in more advanced estate plans:
⦁ Gift trusts
⦁ Life Insurance Trusts
⦁ Generation-Skipping Trusts
⦁ Grantor Retained Annuity Trusts (GRAT)
⦁ Qualified Personal Residence Trusts (QPRT)
⦁ Special Power of Appointment Trusts (SPAT)
⦁ Spousal Lifetime Access Trust (SLAT)
⦁ Charitable Remainder Trusts (CRT)
⦁ Charitable Lead Trusts (CLT)
⦁ Asset Protection Trusts (APT)
ESTATE PLANNING PROCESS
EXPERIENCED ESTATE PLANNING LAW FIRM
The combination of your trust, Will, and other estate planning documents, prepared by Dawson Law LLP®, are designed to achieve your specific individual goals and to remove your loved ones from the stress of probate. Please contact the Firm at (512) 549-4611 or by email at firstname.lastname@example.org to schedule a consultation. To determine whether Dawson Law LLP® is a good fit, please review the Firm’s pricing page.
Wealthy individuals and business owners face special challenges when it comes to protecting and passing on their assets to heirs.