Estate Planning

An Estate Plan Is For Those You Love

If you have worked hard throughout your life and made wise financial decisions, you likely have amassed a significant amount of assets. To have those assets distributed to your loved ones according to your wishes, it is necessary to create a comprehensive estate plan.

Each estate plan is unique to the individual it is prepared for because it reflects that individual’s life and loved ones. While estate plans should not look alike, they will have some of the same components. At Patrick O. Naylor & Associates, P.C., we are noted for our personalized service, and we are committed to creating comprehensive estate plans that accomplish each client’s unique objectives.

Estate Plans Are Not Just About What Happens When You Die

At minimum, every estate plan should have a will and advance directives that provide details on how you wish to have medical and financial matters handled should you become incapacitated and unable to make those decisions yourself.

Individuals with more complex assets or unique situations, such as a special needs child, may incorporate additional tools into their estate plan. This may include trusts, which can specify how and when assets transfer to a beneficiary or accomplish any number of other specific goals.

You Can’t Afford To Procrastinate

Life is uncertain, it is said, so eat dessert first. That’s not bad advice. Even better advice is to stop procrastinating putting an estate plan in place to protect your loved ones.

Several studies indicate that less than half of all adults in the U.S. currently have estate planning documents such as a will or advance directives. Estate plans are not strictly for wealthy individuals. If you have loved ones and you have any assets at all, you need an estate plan.

Your estate plan will help ensure the probate process goes smoothly when you die. For some, an estate plan is fashioned to allow assets to avoid passing through probate.

We Will Tailor An Estate Plan To Your Needs

We can answer your estate planning questions and help you identify your objectives during a free consultation. Call 972-525-0961 or use our online contact form to schedule a meeting. We serve clients throughout Dallas County and surrounding counties from our office in Irving.