Dallas Estate Planning Lawyer
Protecting Assets & Preserving Wealth for Your Family’s Future
Losing a loved one is an emotionally complicated event, but dealing with a disorganized or poorly organized estate plan only adds further frustration and grief into the mix. If you’re thinking about how you can prepare your family for a time when you’ll no longer be around, you help from an experienced estate planning attorney.
Jason M. Tyra, PLLC can provide clients with a number of estate planning services that can ensure their loved ones are protected for the future. When you work with our attorney, you can expect a personalized approach that takes your estate planning goals into account. For many clients, this can include addressing issues such as asset protection during life, end-of-life care, and how assets transfer – and to whom – upon death.
Rest assured that our estate planning lawyer in Dallas can help you create an estate plan that addresses the uniqueness of your estate, family, and goals.
What Our Attorney Can Do for You
Your estate plan can be as simple or as complex as you need it to be. For many people, a simple will is all they need to ensure their estate avoids intestate succession, but having a comprehensive estate plan can ensure that a variety of issues are addressed.
Our estate planning lawyer in Dallas can provide services that address the following:
- Last Will and Testament
- Revocable Living Trust
- Minor Trust
- Living Trust
- Life Insurance Trust
- Education Trust
- Special Needs Trust
- Powers of Attorney
No matter how complicated you think your estate planning goals are, our estate planning lawyer in Dallas at Jason M. Tyra, PLLC can help you create a plan that does what you need it to do.
Why Do I Need an Estate Plan?
There are several reasons why everyone needs an estate plan. When people think about estate planning, they assume it’s all about what happens to their property when they die. While avoiding intestate succession is a big part of the process, a comprehensive estate plan can do so much more.
For example, many older Americans can invoke powers of attorney that allow their adult children or other trusted people in their lives to handle financial affairs – like paying bills and taxes – for them. When someone becomes too sick or injured to tell doctors about how they wish to be treated, advanced directives and a health care proxy can ensure that the patient’s wishes are known from the onset.
Estate planning can also ensure that minor children are assigned legal guardians their parents trust. Without this provision in a will, a probate judge may place children with a relative whom their parents might not have intended.
Lastly, estate plans can protect property from creditors and ensure it transfers to an intended recipient. By placing certain assets in special types of irrevocable trusts, people can protect their loved ones’ interests in property without worrying about their own creditors getting in the way.
If you want to learn more about what an estate plan can do for you, talk to our estate planning attorney in Dallas during a consultation. Reach out to us today to schedule yours!
When Should I Start Estate Planning?
According to Caring.com, only 44% of adults ages 55 and older have an estate plan. Adults younger than this age group are even less likely to have their affairs in order. There have been some fluctuations in these numbers due to the COVID-19 pandemic, but one thing is for sure: Not enough American adults who could have an estate plan actually have one.
A lot of younger people assume they’re too young or healthy to make an estate plan. Conversely, many older Americans believe they’re too old or unwell to begin planning. What this tells us is that many people who don’t think “now” is the right time for estate planning often put it off for arbitrary reasons – the right time to build a plan for your family’s future is always right now.
When Should I Update My Estate Plan?
Ideally, your estate plan doesn’t remain static after you establish it. Your life will change as time goes on, and your estate plan should take this change into account. Things like purchasing real estate, getting married, having children, divorce, and other deaths in your family are all points where you should take time to consider adjustments to your estate plan.
Forbes.com also shares other important trigger events, such as these:
- Moving to another state
- Falling into debt
- A qualified retirement plan becomes outdated
- Executors or trustees become inappropriate
Reach out to our experienced law firm today at (972) 737-4456 to schedule a consultation.
An estate planning lawyer in Dallas can help you rest easier knowing that there’s a plan in place for your family’s future.
By working with our experienced attorney at Jason M. Tyra, PLLC on your estate plan, you can rest assured knowing that your vision for how your family will go on after your passing can be realized.
For more information about our services, please contact us online to request a consultation.
“Mr. Jason Tyra won my case!”- Past Client
Relevant RepresentationWe aim to think outside box and create innovative solutions for modern-day estate and tax complexities.
Transparency & CommunicationWe prioritize transparent communication—we make sure our clients are aware of costs and what they are getting from the very beginning.
Comprehensive ServiceOur legal firm works in conjunction with Jason M. Tyra's CPA service, allowing us to get the assistance you need all in one place.
AccessibilityNot only are consultations handled in-person and over the phone, but we also ensure that remote collaboration is possible when working together.