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Helping You Plan For The Future Through Estate Planning

Traci D. Hutton, Attorney at Law helps families plan now so that they can avoid legal obstacles later on in life. Marriages, divorces, children, adoptions and illnesses – which are all a natural part of life – can and do pose potential legal obstacles when it comes to the rights and obligations of family members. In particular, changing circumstances can and do affect the appropriate or desired distribution of property, decision-making authority and finances. As such, a comprehensive estate plan which is adjusted to reflect your existing circumstances as you move through life is key to ensuring that your interests and those of your loved ones are protected.

Comprehensive Estate Planning Services

Texas inheritance and estate law is a complex area of law fraught with many difficulties. As such, a significant part of our Grapevine, Texas, practice is devoted to helping clients with estate planning issues, including:

We know that estate planning can be fraught with privacy concerns and we emphasize discretion when crafting estate planning documents, including wills and trusts, that account for your present and future family circumstances. We will craft documents that select who will govern your estate in the event that you become gravely ill or make decisions on your behalf. An estate plan is far more than a will. Grapevine estate planning lawyer, Traci Hutton, helps clients craft robust estate plans that account for every eventuality.

Will Signing Ceremony

One of the most responsible things any adult can do is ensure that their wishes and directives are crystal clear and legally binding. For the clients of Traci Hutton, every completed will is capped off with a will signing ceremony which includes two independent witnesses and a notary. Our clients leave with an airtight legally enforceable will and the peace of mind that comes from knowing their wishes will be respected.

Control The Distribution Of Your Wealth

To find out more about how you can create an entire estate plan that accounts for all of your assets, please call 817-778-4543 or email our office.

Frequently Asked Questions About Texas Estate Planning

Whatever your concerns, Traci Hutton, Attorney At Law, is here to offer answers and help you plan. Clients often ask:

What are the benefits of a will?

The main benefit of a will is that you, rather than the government, can decide who should benefit from your estate (and who does not). Wills can also be used to nominate guardians for minor children and an executor to handle the probate process.

What is the consequence of not creating a will before death?

Anyone who dies without a will is said to have “died intestate.” The state will assign the estate a personal representative, and your assets will be distributed to your heirs according to intestate succession laws in Texas. This can lengthen the probate process and be costly, both of which can put your loved ones in financial peril. If you have minor children, you will leave behind no instructions regarding their care, so the state will have to decide who gets guardianship.

What does designating beneficiaries mean?

Designating a beneficiary is just the act of deciding who will inherit certain assets when you die. You can designate beneficiaries on life insurance policies, bank accounts, retirement policies and more.

What is the difference between revocable and irrevocable trusts?

A grantor who makes a revocable trust can make changes to this legal arrangement at any time, including changing beneficiaries and assets. An irrevocable trust does not have the same flexibility. Once an irrevocable trust is made, it cannot be changed.

What is a power of attorney?

A power of attorney is an agent that you designate to act on your behalf should you ever be mentally or physically incapacitated. You can designate powers of attorney for medical care and financial matters.

Contact Traci Hutton, Attorney At Law, For Your Estate Planning Needs

Do not let Texas decide what happens to you at the end of your life – or what happens to your assets after you are gone. Take charge of the future by establishing a complete estate plan. Call 817-778-4543 or email to set up your initial consultation.