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ESTATE PLANNING
WILLS

Estate Planning usually involves the creation of Wills and Trusts. It also includes areas such as the creation of durable powers of attorney, living trust, living Will, and other tax planning vehicles such as Crummy Trusts, Insurance Trusts, Bypass Trusts, Family Limited Partnerships, and other custom Trusts designed to take full advantage of the Tax code.

Living Trusts are an estate planning alternative to escape probate and guard your privacy of your estate while your living and additionally providing planning for your estate legacy.

A useful alternative to a living trust is the creation of durable powers of attorney.  Powers of attorney allow someone to designate another person to make medical and financial decisions for them in the event that they are incapacitated. These documents are relevant only when someone is still alive and incapable of making decisions for themselves. In most cases, people designate a spouse and/or trusted family member or friend as trustee.

You may also feel the need to have a Living Will, which is also known as a Directive to Physicians. This document is a directive to your doctors to either apply or withhold life sustaining treatment in the event that you are either terminal or in an irreversible condition such that you will not live unless life support is applied.

When considering your estate planning, it is important to consider each of these aspects as part of a comprehensive estate plan.

 

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For more information contact the law firm of Nicholas Abaza by calling 713-965-3400 or click here to send us an Email.
 
 
 

Houston Attorney, Nick Abaza specializes in Probate including Wills, Estate Administration, Probate Litigation and Estate Litigation. Mr. Abaza is licensed to practice in Texas and is happy to handle your Probate and Estate needs. Contact him today at 713-874-6440 for a free consultation.

Besides administrations I do litigation in following areas:

Will Challenge
Trust Litigation
Inheritance Fight
Breach of Fiduciary Duty Litigation
Abuse of Power of Attorney Litigation
Executor Challenges
Administration Challenges
Search for lost assets
Guardianships
Distributing Assets from a Administration or Will

 
 

Probate is the legal process of settling the estate of a deceased person, specifically resolving all claims and distributing the decedent's property.

 
 

 

   
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