Do you or a loved one need to start considering the details of an estate? If so, knowing the importance of having one is vital when hiring an El Paso estate planning lawyer.
At K.E. Bradley Law, our estate planning lawyers can help you navigate the complicated process. If you want to be prepared for what comes after the end of your lifetime, our lawyers can help you plan. Call (915) 240-6027 or contact us online today.
Protect Your Loved Ones
When you plan out your estate, you are planning who receives your possessions after you pass on. Without an estate, you will have no control over your assets or who gets them once you pass. Having an estate will not only give you control of your possessions but also make your heirs’ lives a lot easier. Read below for a few reasons why having an estate is beneficial.
- An Estate Will Protect Beneficiaries- Having an estate ready for you once you pass will ensure your heirs receive your assets. Without an estate, the court will decide who gets your possessions, which can take years to finalize. This can also cause some issues amongst family members who may argue over some assets.
- It Will Protect Your Younger Children- You want to make sure your children are taken care of when you pass, and an estate planning lawyer in El Paso can help ensure that. If both parents die, your estate will decide who will continue raising your children.
- It Can Spare Your Heir a Large Tax- Estates not only protect your loved ones from a nasty court battle but can also protect them from the IRS. An El Paso estate planning lawyer will aid in transferring assets to the heir without creating a large tax burden for them.
- An Estate Avoids Family Messes- The last thing a grieving family needs is another family member demanding something from the deceased’s possessions, thus creating a family war. A well-planned estate will stop this quarrel before it starts. An estate planning lawyer in El Paso can help you organize your estate so that everyone who deserves something will receive it.
Estate Planning Lawyers in El Paso
Here at K.E. Bradley Law, located in El Paso, our estate planning lawyers have helped clients all across taxes organize the plans for their possessions after they pass. If you need help planning out an estate, call (915) 240-6027 today.