Estate Planning Attorney in Fort Worth
Helping You Protect Your Family, Finances, and Future Legacy
Estate planning is a crucial part of mapping things out for the future, no matter what your current financial situation may be.
So many people make the mistake of thinking they don’t need estate planning, or that because they’re single or without children, estate planning won’t benefit them. Or that revocable or irrevocable trusts lawyers are only for the super wealthy.
Not only is this incorrect – it’s a disservice to you and your loved ones. Estate planning impacts just about every facet of your life, and will continue to affect your family members long after your passing.
Delaying your estate planning contributes to an added layer of stress and suffering, something your loved ones should never have to deal with. What’s worse, without the help of a knowledgeable and experienced will and trust lawyer in Fort Worth, your family may wait months to finally inherit what you’ve left them.
At Thomas Walters, estate planning in Fort Worth, TX is our number one focus. Our estate planning attorneys have over 60 years of experience creating individualized estate plans, helping clients ensure their families are taken care of.
Wondering how we can help you? Read on to find out.
Fort Worth Estate Planning – Why Do You Need an Experienced Will and Trust Lawyer?
In layman’s terms, estate planning is making a plan ahead of time, and naming whom you want to receive your assets after you’re gone. An estate planning attorney works with you to help determine who gets what, and which assets go where.
Most importantly, an estate planning attorney makes sure that even though you’re gone, your loved ones are receiving exactly what you intended for them. This is of the utmost importance, as probate will never give this a second thought.
Simply put – without a comprehensive estate plan, you’re trusting the courts and people you’ve never met to distribute everything you’ve earned. This means tons of unnecessary conversations and aggravation, in addition to the heartache and suffering your family is already working through.
This includes, but certainly isn’t limited to:
-Identifying Necessary Court Forms
-Gathering the Necessary Information
-Knowing When They Need to be Completed and Filed
-Making Sure the Necessary Heirs Have Signed the Right Forms
-And a LOT more.
Your family doesn’t deserve that, and our irrevocable and revocable living trust lawyers are here to help you make sure they never have to.
Smart, calculated estate planning is the number one thing you can do to secure a stable future for your family – and our team of estate planning lawyers at Thomas Walters handles every element of your Fort Worth estate planning from start to finish.
Estate Planning in Fort Worth, TX – How Can Using a Will and Trust Attorney Benefit You?
When any one of our experienced will and trust attorneys begins discussing Fort Worth estate planning with prospective clients, all of them come up with the same question:
“How can estate planning benefit me?”
No matter what your family or financial situation may be, estate planning is a necessity for EVERYONE – and the younger you start, the more benefits you’ll reap. Whether you’ve got several children or none, are land rich, or just cash rich, our trust lawyers will work with you to tailor an individualized will and trust plan.
Fort Worth estate planning comes with a host of benefits for clients, including:
Stability & Assurance – The biggest concern people have when consulting us about their estate planning is that their family will be taken care of, with minimal disruption or obstacle. This means having all of your assets and property delegated ahead of time. With the help of an experienced will attorney in Fort Worth, we make this a simple process.
Minimizing Expenses – Often clients believe that hiring a trust lawyer in Fort Worth is either out of their price range, or not worth the money. What clients don’t realize, however, is that without a will and trust lawyer putting together a good estate plan, most of your money will go to court costs instead of in your family’s pocket.
Medicaid Planning & Medicaid Asset Protection – Our team will work with you to plan for Medicaid, helping you avoid nursing home poverty. With years of experience related to Medicaid planning, you can be certain your assets will be held in trust and inherited by the proper family members. Through the use of Medicaid planning in an estate plan, your hard-earned assets can be protected while simultaneously qualifying for Medicaid coverage.
Quick Property Transfer to Loved Ones – Our trust attorneys work with you to make sure your family gets what is rightfully theirs. Without utilizing a good inheritance attorney, your family might have to wait anywhere from three to nine months to inherit the property you left them. Our will lawyers in Fort Worth make sure your family avoids delays. This may include the recommendation or a revocable living trust, but our attorney’s will customize a solution that is tailor-made for your situation and circumstance.
Planning for Your Children’s Future – One of the most important things to consider when working with your trust attorney is what might happen to your children after you’re gone. If something were to happen unexpectedly, will they be taken care of? Who will be their legal guardian? Where will they live? These are all things our will lawyers can help you determine, and we’ll make sure they’re put into action.
Aside from what we’ve mentioned here, you and your family will be able to live with peace of mind knowing your exact wishes will be executed the way you had planned.
Using Irrevocable Trust Attorneys to Protect Your Assets
Many clients believe they’ll be in the unfortunate position of having to spend down their assets in order to qualify for Medicaid. Our irrevocable trust lawyers are the most knowledgeable in the industry when it comes to Medicaid asset protection, and asset protection trusts – helping you protect your assets from a Medicaid spend-down.
Assets used to fund this trust are not eligible to be counted towards Medicaid, provided neither you (or your spouse) is listed as the trustee. This means that your assets will be able to be passed down to your children, or whomever you denote as the benefactor, at the time of your passing.
Perhaps most importantly, this trust should be set up at least five years before you begin the process of Medicaid to ensure your assets cannot be judged during your eligibility period.
Using a Revocable Living Trust Attorney to Protect Your Assets
Our revocable living trust lawyers will work with you to establish a revocable living trust, an estate planning tool that can be used to determine who will inherit certain assets after death. These types of trusts are revocable – meaning you can make changes to them as life circumstances dictate.
The biggest benefit to utilizing a revocable living trust is avoiding probate after your death. For example, rather than the courts combing through your assets and dictating who receives what, your children’s trust may already denote them as the benefactors. Property that is left through a revocable living trust does not have to pass through probate.
The Thomas Walters Difference – Our Will and Trust Attorneys in Fort Worth
Planning for the future of your family isn’t something that should be taken lightly, and the trust attorneys at Thomas Walters have decades of experience in estate planning to help you construct the ideal plan for your loved ones.
We know you’ve got countless options when it comes to selecting a will and trust lawyer in Fort Worth, but our trust attorneys stand far above the rest when it comes to every aspect of the estate planning process.
What sets our inheritance lawyers apart from everyone else in Fort Worth?
Responsiveness – Our trust attorneys know that life doesn’t wait for anyone, and we’ve incorporated that mantra into every aspect of our client relationships. We want our clients to feel free and empowered to contact us whenever they need to, no matter the time or day – including after business hours and weekends. We take tremendous pride in being easily accessible and responsive to all of your questions and concerns.
Availability – Most estate planning firms only have one or two trust attorneys at your disposal. What happens if one retires? Or falls ill? Where do you turn? In addition to offices throughout the country, we operate four locations in North Texas alone, including Fort Worth. No matter what the circumstances, you will always have a reliable and experienced trust lawyer to turn to with your estate planning questions and needs.
Lifetime Lawyer Program – Our Lifetime Lawyer Program is unique, and is something we’re proud to offer every one of our clients. When you create your inheritance or estate plan with one of our will and trust attorneys, you’ll receive complementary ongoing service that will ensure your estate plan remains current. This means no matter what sort of life circumstances or potential changes in law that may come up, we’ve got you covered. You and your family also receive additional benefits, including:
-Estate Plan Maintenance
-Continued Q&A Support
-Immediate Access to Documents
We know you have a choice when it comes to selecting an estate planning attorney in Fort Worth. At Thomas Walters, we’ll help you achieve peace of mind, and set your family up for the future and beyond with a comprehensive and individualized estate plan.
Ready to talk? Give us a call today: 817-258-5908