Estate and Business Planning
Estate Planning Services For English And Spanish Speakers
It is never too early to begin thinking about your family’s future. A comprehensive estate plan can provide you with the peace of mind that comes with knowing your wishes will be honored and your loved ones will be taken care of.
Business owners must also plan for the future. Issues like who will own and operate a business when it’s owner dies are vital to the continuity and eventual success of any business. That is why we integrate our knowledge of business and estate law with financial acumen to provide comprehensive solutions.
At Cordero & Associates Law Firm we can help you and your family explore your estate planning options. To schedule an initial consultation, call our office at 214-778-5087
What Are The Benefits Of Estate Planning?
A properly drafted estate plan can help you keep your promises to your loved ones, help shield you from tax burdens and ensure that your medical wishes are honored should you ever become disabled. An estate plan can benefit even those who do not have very many assets.
Can I Create An Estate Plan On My Own?
There are no shortage of pre-printed, fill-in-the-blank estate planning forms available. The problem with these forms is that they are one-size-fits-all and they fail to take into account the unique aspects of your situation. Because no one’s life is exactly like another person’s life, it is important that your estate plan reflects your goals. We will work closely with you to help tailor an estate plan that is designed to reflect your life experiences.
What Should My Estate Plan Consist Of?
The tools that should be part of your estate plan will depend on what you wish to accomplish. Generally speaking, an estate plan should involve:
- A will
- Powers of attorney
- Guardianship designation
- Advance health care directive
Trusts and other tools can also be useful, depending on your goals. We can help you explore your options and create the type of plan that is right for you and your family.
What will happen to your business if you or a business partner dies or becomes disabled? What will happen to your family if you are no longer able to work in your business due to a disability or premature death – will they still be able to benefit from cash flow from your business?
Many businesses are not prepared to survive following one of these potential events. Many families are not adequately protected. A business succession strategy using a properly structured buy-sell agreement can help you protect your family and the business you have worked so hard to create. Let us help your business survive and thrive.
Contact Us To Begin Planning For The Future
Estate planning can benefit you regardless of where you are in life. To learn more about estate planning options in Texas, call us at 214-778-5087 or contact us online.
