Texas Living Trust Attorney

Are you a Texas resident starting to put your affairs in order? Are you wondering if there is a way to keep your estate out of probate court when you pass on? If so, let us tell you some of the advantages of a living trust. We also hope to show you the importance of consulting a Texas living trust attorney.

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Avoiding probate court is just one of the possible advantages of creating a living trust. It is possible, with a correctly written trust, to avoid the estate tax assessed to estates valued at over two million dollars. Through the use of a living trust the Unified Credit can be maximized to the fullest. This is something that all large estate owners should talk about with their attorney.

Avoiding probate court and estate taxes are both complicated issues. In Dallas, Austin, Houston or San Antonio the same laws apply and no one knows them better than a local estate lawyer.

Property owned in various states can be placed in a single trust. The property should then become exempt from probate court in those various states. This could be a real money and time saver for your beneficiaries.

Almost anything can be placed into a trust. It just requires reassigning ownership from you to the trust. Stocks, savings accounts, insurance policies and personal property, they can all go into your living trust. Anything left out of the trust should be placed in your will. Matters such as custody of children and pets should also be in your will.

Seeking the advice of an estate planning professional is generally the best way to create a living trust. They can advise you on what and what not to include as well as planning for the most effective tax relief. Having your papers written by an expert might prevent them from being declared invalid and sending your entire estate to probate court.

A simple living trust, for the purpose of avoiding probate court, can usually be done by an individual. The proper forms can be obtained at Legalzoom and all of the advice, books and software you will need are available at NOLO.

The more assets you have to include in your trust the more complicated the paperwork becomes. You have to decide when hiring a Texas living trust attorney makes the most sense for you and your beneficiaries. Legal Match is an easy way to find a local attorney qualified to answer your questions.

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