What Is Estate Planning?

What Is Estate Planning?

What Is Estate Planning?

If you find yourself wondering –what is estate planning –rest assured, you are not alone. Estate planning is actually a broad area of the law that very generally addresses how your assets –or estate –will flow to your family and loved ones when the time comes. Because estate planning is a legal endeavor –and because it is essential to get it right –working closely with an experienced estate planning attorney is important to consider. At Ibekwe Law, PLLC (512-505-2753) –proudly serving both Texas and Arkansas -we have a wealth of experience helping clients like you successfully address their estate planning needs and helping them make their wishes legally enforceable after their passing.

Should I Wait Until I Have an Estate?

Many people conflate estate planning with being wealthy, and as a result, do not give it much thought. However, you do not have to live a “lifestyle of the rich and famous” to have an estate or start estate planning. Your estate refers to the assets and property that you have worked so hard to acquire to date and that you would like to remain in your family –following your wishes and without the burden of undue taxation –upon your passing.

The simple truth is that you do have an estate (we all do), and addressing the matter of estate planning sooner rather than later not only helps you protect your loved ones financially but also honors them. Your family is important to you, and your estate plan helps to demonstrate just how much.

Your Estate

Your estate is unique to you, and your estate plan will address your unique concerns. If you are building your career, it is an excellent time to think about estate planning, and if you have already started a family, there is no time like the present to get started. The building blocks of your estate include:

  • Your bank accounts and any cash that you keep
  • Your life insurance policies, investments, and other financial tools
  • Your employment-related assets, including retirement accounts
  • Your real property, including your home and your vehicles
  • Your personal property, including any jewelry, collections, art, or anything else of value
  • Your ownership in any businesses
  • Electronic digital assets such as bitcoin, passwords, websites, and more

You are in the throes of building your career and raising a family, and as a result, you are plenty busy. Despite your best intentions, it is easy for estate planning to get lost in the fray. However, by taking the time to address the matter now, you help to ensure that your estate planning evolves right along with you –as your career develops and your estate grows.

The Building Blocks of Your Estate Plan

What is estate planning? It is a good question, and perhaps the most helpful response is that it is a plan you put in place to help guide how your assets (in their entirety) will pass to your family when the time comes. Additionally, your estate plan can address critical matters such as your intentions regarding your finances if you are incapacitated and guardianship for your minor children in the unlikely event it becomes an issue. The building blocks of your estate plan include:

  • Preserving the value of your total assets for those you pass them to
  • Reducing the tax burden your loved one will experience about your estate
  • Ensuring that your intentions are carried out
  • Managing your assets and addressing your health care with an advance directive (following your wishes) in the event you become incapacitated
  • Protecting you and your family’s financial privacy
  • Addressing the matter of your minor children’s guardianship

The primary job of your estate plan is providing you with the peace of mind that comes from knowing you are –to the very best of your ability –protecting your family into the future, and the practiced estate planning attorneys at Ibekwe Law, PLLC can help you accomplish this vital goal.

What You Need to Know

It is important to recognize that getting started now is a sign of strength–not weakness–when it comes to your estate plan. While no one wants to think about what their family will do when they are gone, proactively addressing the issue is the only way to protect your family when the need does arise adequately. Because there is simply no way to predict when this will be, having a plan in place is an excellent strategy. It allows you to address the matter head-on –with the help of an experienced estate planning attorney who understands your goals and is committed to helping you accomplish them.

The Basics

Several estate planning basics can help you move forward with increased confidence and greater purpose.

Upon Your Death or Incapacity

Estate planning concerns itself with how your assets will be managed if you are incapacitated or upon your passing (in addition to addressing the critical matters of your healthcare about incapacitation and guardianship for your minor children). Within this basic framework, however, there is a good deal of room for variability.

Estate Planning Tools Available

Your estate plan will very likely begin with your Last Will and Testament, but there is a lot more to it than just this, including:

  • Naming an executor of your estate
  • Setting up trusts
  • Arranging charitable contributions
  • Identifying beneficiaries for accounts such as life insurance
  • Establishing a guardian for your minor children
  • Outlining your intentions concerning your health care (in the event of incapacitation)
  • Outlining your intentions about your funeral arrangements
  • Limiting the tax implications for your estate

What Is Estate Planning? An Experienced Estate Planning Attorney Has the Answers

The thoughtful estate planning attorneys at Ibekwe Law, PLLC–proudly serving Texas and Arkansas –recognize that you have serious questions about your estate planning needs. This is why we dedicate our practice to helping clients like you execute estate plans that address their wishes and help protect their families. We are here to help, so please do not wait to reach out and contact or call us at 512-505-2753 today.

Entrepreneurial Wealth and Asset Protection

Entrepreneurial Wealth and Asset Protection

Entrepreneurial Wealth and Asset Protection

If you are one of the many busy women making your financial mark on the world, you need professional entrepreneurial wealth and asset protection on your side. Women, on average, earn less than men in the same professions, but this does little to stop us from holding our own when it comes to building our empires as an entrepreneur. The flip side of entrepreneurial wealth, however, is asset protection, and for women, there is a lot to consider. Married female entrepreneurs –especially if they have children– face even more significant hurdles regarding protecting the wealth they have to work harder to amass. Fortunately, the insightful Texas estate planning attorneys at Ibekwe Law, PLLC are committed to employing the full force of our experience and skill to help you better address your entrepreneurial wealth and asset protection.

Best Practices Regarding Asset Protection

Having that entrepreneurial spirit means taking risks, but it also opens you up to immense opportunities that extend beyond the merely financial. As entrepreneurs, women face more considerable roadblocks, which makes adhering to the following best practices paramount:

  • Keep your personal assets separate and protected from your business dealings by establishing a corporation or another form of limited liability enterprise.
  • Keep separate businesses separate. Taking the time to structure each business as a separate entity builds in protections.
  • Purchase business and personal insurance that is sufficient for the job at hand and that evolves along with your personal and business insurance needs.
  • Avoid personal guarantees with vendors. Even negotiating higher terms is often preferable to opening your personal finances up to greater vulnerability (entrepreneurship is all about balancing risk against the generation of revenue, and personal financial vulnerability is rarely worth the risk).
  • Consider transferring some of your assets to a trust that allows a third party (your trustee) to manage assets that benefit an assigned beneficiary. This can be an important tool for avoiding liability and legal obligations.

This may seem like a lot, and it is complicated. Working closely with an experienced estate planning attorney at Ibekwe Law, PLLC from the outset can help ensure that you begin as you mean to go on and that your assets are well protected all along your entrepreneurial journey and beyond.

Special Considerations for Married Women

Married women have special concerns when it comes to entrepreneurial wealth and asset protection. Because divorce happens and because couples are almost as likely to divorce as they are to stay together, female entrepreneurs must tread lightly. Every divorce is difficult and complicated, and divorces involving businesses and high assets are that much more so. If you happen to be an entrepreneur who owns more than one business, you have your work cut out for you.

Business Ownership

If you brought your business into your marriage with you –and kept it separate throughout– it remains your separate property that will not be divided upon divorce. The fact is, however, that it is very common for business and family finances to intermingle over the course of a marriage. A prime example is when you invest marital funds in your business. Further, even if you have managed to keep your business utterly separate from your marital financials, any increase in the value of your business since your marriage will likely be considered marital property– to be divided equitably between the two of you in the event of divorce.

Motherhood

As women, we tend to do it all, and this is even more true of mothers. Not only are you an entrepreneur, but you are also more likely to take on primary responsibility for raising your children. If you are facing a divorce, this can play another significant role. Texas courts are motivated by the best interests of the involved children in matters related to child custody, and this often means preserving the status quo.

While this can be to your advantage regarding your parenting plan, it can actually work against your entrepreneurial endeavors. If the court determines that you will remain the primary custodial parent, it can sway how it divides your marital assets (especially if your business is considered a marital asset). In a worst-case scenario, if the court determines your soon-to-be ex-spouse is better positioned to continue running your business, it could even award said business (or a significant portion of it) to your divorcing spouse (leaving you with the equivalent in other assets). In other words, it is exceedingly complicated, and you should consider contacting an estate planning attorney either during or immediately after the divorce process.

Protecting Your Wealth

As a married woman, there are important factors you should carefully consider regarding your entrepreneurial wealth and asset protection, including the following:

  • Consider carefully if you want to borrow from your family’s coffers to finance your business. The less you mix and mingle funds, the more likely you will be able to maintain your business’s status of separate property.
  • Pay yourself a fair salary. If you throw yourself into growing your business but fail to adequately pay yourself, it can be interpreted as a drain on your family’s finances and can increase the likelihood that your business will be considered marital property. The idea behind this is that while your spouse supported your family, you worked to build your business.
  • The more involved your spouse is in your business –and the longer the involvement– the more likely the court is to determine that your spouse should profit from your business’s growth.
  • Remember that, upon divorce, the court will divide your marital assets in a manner deemed fair given the circumstances. Your goal is to keep your business wholly your one, which means you should be open to sacrificing other assets in order to reach an agreement. In other words, it is better to give up other assets, such as equity in your home or a percentage of your financial portfolio, than to submit to the division of your business, which can spell the beginning of the end.

Address Your Entrepreneurial Wealth and Asset Protection With A Savvy Texas Estate Planning Attorney Today

Your entrepreneurial wealth is worth protecting, but as a woman, you face unique obstacles. The dedicated Texas estate planning attorneys at Ibekwe Law, PLLC are in the business of empowering female entrepreneurs and of helping you protect your assets as you build your unique empire. To learn more about how our resourceful legal team can help you, please do not wait to contact or call us at 512-505-2753 today.

 

Estate Planning And Couples

Estate Planning And Couples

Estate Planning And Couples

Estate planning and couples is an important topic for all, whether you are married, unmarried, or in a same-sex relationship. Estate planning can be more critical for unmarried couples, as not having a plan could leave the surviving partner unable to make end-of-life or financial decisions for their loved one. It could also leave the surviving partner without an inheritance.

Estate planning for your spouse or partner might not seem romantic but can be a great act of love, showing your care for them beyond your own life. Consider also that if you do not make any provisions, the distribution of your assets will be decided by Texas state law. This can mean that your estate passes to your children, your parents, or even distant relatives. An unmarried spouse could be left without any inheritance after your death. Your loved one might even have to move out of a property you shared to buy out any relatives on your passing.

Do not take this chance and devise a good estate plan together with your other half. Estate planning can ensure that both of your wishes will be respected should one or both of you become incapacitated or pass away. The sooner you plan, the sooner your loved ones will be protected in any unforeseen circumstances. There is no better time to draw up a comprehensive estate plan than now. Ibekwe Law, PLLC can be by your side, ensuring a smooth process and a plan to work in your best interests. Contact us for a complimentary consultation now at 512-505-2753.

Estate Planning for Married Couples

Estate planning can be a difficult subject to breach as it reminds us of our mortality. Moreover, married couples could be tempted to skip estate planning, thinking that being married solves all inheritance issues. However, this is not necessarily the case. Estate planning can protect your spouse and children and be a great way to show your love and care.

Consider that estate planning can fulfill a number of purposes for married couples, including:

  • Ensure your spouse is provided for financially
  • Specify guardianship for minor children
  • Include provisions regarding personal healthcare preferences
  • Save your spouse from paying unnecessary taxes
  • Reduce legal fees
  • Detail any funeral planning

Estate planning can be important for married couples when there are any children from previous marriages. An experienced estate planning attorney at Ibekwe Law, PLLC can ensure that your estate plan withstands any legal challenges that may come from previous spouses or children.

Marital Property Considerations

Your marital assets typically entail any property you own together as a married couple, which can include:

  • A home and other real estate
  • Joint bank accounts
  • Cars, boats, or other vehicles
  • Co-owned businesses

When one of you dies, their share of marital property usually passes to the surviving spouse. If there are any assets that one of you would like to leave to any children upon passing, you can make such provisions in an estate plan. You should also discuss what happens in the event you both pass away at the same time and note down your wishes in your estate plan. Planning for any eventuality can be crucial, especially if you own businesses together. Contact Ibekwe Law, PLLC today to receive answers to your specific questions and concerns regarding estate planning for couples.

Estate Planning for Unmarried Couples

Estate planning can be crucial for unmarried couples living together, including same-sex couples. Although there have been some changes in recent years, unmarried partners are generally not protected by law. Unmarried couples, therefore, have to make an extra effort if they want to protect their loved ones. If you are in a relationship but not married, and you pass away unexpectedly, your loved one might end up with nothing and all your assets could go to blood relatives such as kids, siblings, or parents. Establishing an estate plan with a seasoned attorney is one of the most loving gestures unmarried partners can make to their other halves. Estate planning for cohabiting couples will most likely have to be far more extensive and comprehensive than for married couples and can include:

Beneficiary Designation

Make sure to designate each other as beneficiaries on bank accounts, life insurances, and retirement funds, if appropriate. If you do not do this, unmarried partners will not access any of these accounts and/or benefits.

Durable Power of Attorney and Healthcare Proxy

Appointing a durable power of attorney for financial matters will be crucial for managing your affairs should you become incapacitated. A designated power of attorney can also ensure that all your bills are paid on time, potentially saving your partner many legal challenges and complex issues. Appointing an agent for healthcare decisions if you become incapacitated can be vital if you are not married. If you do not designate a healthcare agent, your family members could potentially shut your life partner out of any decisions regarding your medical treatments.

Joint Ownership of Property

Owning property jointly and with the right of survivorship can ensure that the home will pass to the surviving partner on your death.

Making a Last Will and Testament

Estate planning often begins with making a Last Will and Testament (will). Your will can determine who receives your assets after you pass away. If you have any minor children, your will can also name a guardian. A will can also determine the person handling the distribution of your estate, including filing your last tax return and closing your accounts.

Establishing a Revocable Trust

A revocable trust can be particularly beneficial for unmarried couples, as it can help to avoid probate. In a revocable trust, you can also name the person or persons who will manage your financial affairs should you become incapacitated or die.

These are just some of the provisions you could take when making a comprehensive estate plan as an unmarried couple. Consulting with an estate planning attorney can help devise a personalized plan that legally protects you and your loved one.

Ibekwe Law, PLLC Can Help You and Your Significant Other

We understand that estate planning for couples can feel overwhelming. However, it is a necessary and loving step to help protect your life partner and your family, whether you are married or in a cohabitation relationship. Not making provisions can potentially lead to your loved one losing their home or experiencing financial hardship and struggle. A comprehensive estate plan can be a gift of love, and we can be here to ensure that your plan covers all eventualities and is legally sound. Contact our experienced estate planning attorneys at Ibekwe Law, PLLC now for a free consultation: 512-505-2753.

Estate Planning is Self Care

Estate Planning is Self Care

Estate Planning is Self Care

Self-care and estate planning actually should go hand in hand. Just as you would plan for your physical health, emotional health, and overall well-being, planning for how your finances are handled after your death or how your health or finances are taken care of if you are unable to do so are both acts of self-love. Self-care also encompasses looking after your family, your career, and your financial health. Having a solid estate plan ensures that your loved ones receive any assets according to your wishes if you pass away unexpectedly and help ensure that your wishes are carried out during your lifetime if you cannot make those decisions for yourself. Taking full ownership of your assets and health can bring immense peace of mind. Many individuals end up putting estate planning on the back burner, waiting for the ideal time. However, for some, the ideal time never comes, and they end up passing away without having made any arrangements. According to the American Association of Retired Persons (AARP), more than half of adults in the United States do not even have a Last Will and Testament (will). Yet, the recent COVID-19 pandemic keeps reminding us that we are all vulnerable to unexpected disease and loss. Many individuals have suffered burn-out and other mental health challenges in addition to physical health problems. You might be left wondering how best to protect yourself and your loved ones during these uncertain times. Ibekwe Law, PLLC can offer personalized estate planning solutions for all individuals. Estate planning is self-care, whether you are single, a long-married couple, a single parent, or in a civil partnership. It is never too soon for estate planning. Contact us today for a complimentary consultation at 512-505-2753.

What Is an Estate Plan?

Estate planning is not only for the rich, according to Investopedia. Almost all of us have an “estate.” Everything we own, such as a home, car, bank accounts, and other investments, are part of our overall estate. Part of planning for your estate means that you will be in control of how your estate is divided between your loved ones and any organizations you care about when you pass away. Comprehensive estate planning is self-care and self-love since a good estate plan should also have provisions for what happens to you if you become incapacitated. Among other situations, a good estate plan should:

  • Include instructions for your care if you become incapacitated
  • Specify what happens to your business if you become disabled or pass away
  • Include instructions for passing your assets to your loved ones
  • Include life insurance for your loved ones in case you become unable to work
  • Name a guardian for any minor children

Making an estate plan can be important for every one of us. Not making a timely estate plan means risking your state, deciding on how to divide any assets when you pass away.

The Main Aspects of Estate Planning

Self-care often enlists the help of those more experienced. For example, if you are embarking on a health journey, you may hire a nutritionist or a personal trainer. If you are learning how to be calmer, you may hire a Pilates instructor or a therapist. Similarly, estate planning can seem daunting. However, with the help of an experienced attorney, estate planning can be a smooth process with a satisfying outcome. An estate plan typically involves:

Making a Last Will and Testament

The most commonly known type of estate plan document is a will. A will should include who you want to pass your assets to and how the assets are to be divided. If you have minor children or adult children with special needs, you should also include who will care for them if you and the other parent should pass away.

Establishing a Living Trust

With a living trust, your property does not have to go through the lengthy and costly probate process. This means that your loved ones will receive their inheritance quicker. Probate can go on for many months and incur expensive lawyers and court fees, as well as the loss of assets for beneficiaries.

Establishing Important Health Care Directives

A health care directive is an essential part of estate planning for self-care. The document will state the name of your health care agent. This person of your trust will then make any healthcare decisions on your behalf should you become incapacitated.

Appointing a Financial Power of Attorney

A person you name as having a durable power of attorney for your finances will make all decisions regarding your property and finances should you be unable to see to your affairs.

Protecting Your Business

If you own a business, you should include a succession plan or a buyout agreement in your overall estate plan. Depending on your circumstances and the size of your estate, there could be many other beneficial actions you can take with an estate plan. Ibekwe Law, PLLC can advise you on your best steps regarding your life situation.

Hiring an Estate Planning Attorney

Hiring an estate planning attorney can be crucial for ensuring that all aspects of your estate plan are valid according to state law. A missing signature or other mistakes can change the intent of the plan or invalidate it altogether. State law can be very specific and detailed regarding wills, trusts, powers of attorney, and other crucial documents involved in estate planning. Formalities must be meticulously observed when drafting up and signing a trust, will, or power of attorney.

Trying to save money by using forms downloaded from the internet can lead to devastating consequences, including a trust or will not being legally valid. This can leave your loved ones in the difficult position of having to spend hundreds or thousands of dollars trying to correct any problems with your estate plan.

An estate planning attorney can expertly draft your documents, ensuring that there will be no unpleasant surprises for your loved ones. Consider that having an estate planning attorney by your side, if your family situation is somewhat complicated, can be advantageous. Some challenging and legally complex situations can include the following:

  • You have been married several times
  • You own one or several businesses
  • You have minor children
  • You own real estate in several states
  • You have dependents with special needs

Contact Ibekwe Law, PLLC Today for Help with Your Estate Planning

Estate planning can seem overwhelming and intimidating. However, once your estate plan is formally executed, you can rest assured that your wishes will be respected and your loved ones will receive their inheritance, or your personal wishes will be carried out for your health during your lifetime if something unexpected happens to you. A thoughtful and thorough estate plan is self-care as much as it is an act of love for your family. Even if you have a small family or are a single parent, an estate plan leaves nothing to chance and ensures that your children are provided for if something unforeseen happens to you. Let us help you plan for the unexpected. Call Ibekwe Law, PLLC now for a free consultation at 512-505-2753.

My Family Will Take Care of Everything When I Die

My Family Will Take Care of Everything When I Die

My Family Will Take Care of Everything When I Die


Imagine you are on a road trip. You have been traveling for a very long time and are drained emotionally and physically. As you get the key to your hotel room, all you can think about is resting your head on the soft pillow and drifting off to sweet sleep. But as you open the door, you find the room in complete disarray. Taped to the wall next to you is a note that says, “Sorry for the mess, but I assume you will take care of everything.”

How would you feel?

Having no plan and allowing your family to “take care of it,” most likely on their dime and with their time, is just like this scenario. Not only is your family mourning your death, but they have no guidance on how to handle your affairs. This likely leads to disagreements, and bad feelings all around. You may not think you need an estate plan. “I don’t have an “estate?!” is a statement I hear all of the time.


NEWSFLASH: if you have anything, you do have an estate. Your car, house, pets and Chanel purses can be a headache for your loved ones if you don’t decide who will receive these things when you die.
Truth is, we all have an expiration date. Why not make decisions while you are healthy? Setting up a will makes you consider other important questions:

  • Who will be the guardian of my minor son?
  • Who gets my hard-earned money or my business?
  • Where do I want my ashes spread?
  • Who will continue to pay for my daughter’s college?

By answering questions like these beforehand, you will help your loved ones better cope when you are not there.

Incapacitation Matters, Too

But don’t assume these issues only come up in death. If you are incapacitated, you can also leave a terrible burden on your loved ones if they don’t know what to do with you!

Many people ignore the fact that planning for incapacitation is an essential part of a good estate plan. If anything happens to you and you can’t take care of yourself, someone else will. You can indicate who you would like to take care of your physical body and your money if you are unable. If you don’t the state will. Can you imagine the additional stress and tension on your family if they have to wrestle with the courts to sort things out on your behalf? You can make sure they don’t carry this unnecessary burden.

Instead, look at estate planning as a present to your loved ones. By having a will in place, you’re making the job of cleaning up your life much easier and less expensive. You can protect yourself in the event of your incapacitation because your estate plan allows you to appoint someone to step in and handle your affairs. Just these small steps in setting up your estate plan can go a long way in creating clarity and peace for your family in your absence.

Attorneys Need Estate Plans Too

Attorneys Need Estate Plans Too

Attorneys Need Estate Plans Too

Yesterday was quite the day. My team executed several wills, trusts, powers of attorney, and other legal documents to help clients prepare for death and unexpected emergencies. ⁣ ⁣⁣ My husband and I updated our will and trust as well. (We are pointing at the super cute box where we stored our shiny new docs.)

Nothing was wrong with our old plan, but I wanted to make sure we added things like a minor’s medical power of attorney and other related documents so that my sister in law has express rights to take care of our three kids 𝘫𝘶𝘴𝘵 𝘪𝘯 𝘤𝘢𝘴𝘦 we can’t. ⁣

It’s so important to keep your will updated, as well as the other legal documents. If you get married, get divorced, adopt a child, have another baby, retire, etc., this is the best time to have your plan reviewed and updated, if necessary. ⁣⁣ ⁣⁣

𝘚𝘰𝘮𝘦𝘵𝘪𝘮𝘦𝘴 𝘺𝘰𝘶𝘳 𝘣𝘦𝘴𝘵𝘪𝘦 𝘮𝘰𝘷𝘦𝘴 𝘰𝘶𝘵 𝘰𝘧 𝘴𝘵𝘢𝘵𝘦 𝘢𝘯𝘥 𝘴𝘩𝘦 𝘤𝘢𝘯 𝘯𝘰 𝘭𝘰𝘯𝘨𝘦𝘳 𝘣𝘦 𝘺𝘰𝘶𝘳 𝘧𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘱𝘰𝘸𝘦𝘳 𝘰𝘧 𝘢𝘵𝘵𝘰𝘳𝘯𝘦𝘺 (𝘵𝘰 𝘴𝘵𝘢𝘯𝘥 𝘪𝘯 𝘢𝘴 you 𝘧𝘰𝘳 𝘧𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘮𝘢𝘵𝘵𝘦𝘳𝘴). ⁣ ⁣⁣ 𝘏𝘦𝘤𝘬, 𝘴𝘰𝘮𝘦𝘵𝘪𝘮𝘦𝘴 𝘺𝘰𝘶 𝘩𝘢𝘷𝘦 𝘢 𝘧𝘢𝘭𝘭𝘪𝘯𝘨 𝘰𝘶𝘵 𝘸𝘪𝘵𝘩 𝘺𝘰𝘶𝘳 𝘴𝘪𝘴𝘵𝘦𝘳 𝘢𝘯𝘥 𝘥𝘰𝘯’𝘵 𝘸𝘢𝘯𝘵 𝘩𝘦𝘳 𝘳𝘢𝘪𝘴𝘪𝘯𝘨 𝘺𝘰𝘶𝘳 𝘬𝘪𝘥𝘴 𝘪𝘧 𝘺𝘰𝘶 𝘥𝘪𝘦 𝘰𝘳 𝘢𝘳𝘦 𝘪𝘯 𝘢𝘯 𝘦𝘮𝘦𝘳𝘨𝘦𝘯𝘤𝘺. ⁣⁣ ⁣⁣

These are excellent reasons to update your estate plan. ⁣⁣


As a rule of thumb, I tell clients to review their estate plan (will, trust, powers of attorney) every 3 to 5 years. My clients know that they can come to me whenever they have changes. ⁣⁣I extend that offer to you as well (if you’re in Texas). ⁣⁣ ⁣⁣

Whenever you are ready, book a consultation to make that change. ⁣⁣