Houston Will & Trust Lawyers
Estate Planning for Your Future
There are many different steps you can take towards a complete, intelligent
estate plan, and one of the most important is a trust. A trust can be
established anytime throughout your life to benefit any person, organization,
or charity of your choosing. With the help of a skilled Houston estate
planning attorney from the Law Office of Kathryn Marteeny, you can create
a trust which fits your unique needs and preferences, as trusts are quite
versatile. Regardless of the purpose you would like to use a trust for,
we can help you to choose the right one that fits your needs and protect
Our law firm can help you to establish a range of revocable and irrevocable
trusts, such as:
- Living trusts
- Life insurance trusts
- Children's trusts
- Life insurance trusts
- Charitable trusts
- Special needs trusts
At our law firm, we use a number of different trusts for different purposes,
such as to dedicate funds for the education of one of your minor children,
to care for an elderly relative, or to ensure that your wealth goes to
a worthy charity. If you do not have a trust in place, your wealth and
assets can end up without a proper guide and end up in the wrong hands,
or at the hand of the government. We may also be able to help you explore
a number of tax protections which can limit estate taxes when you pass.
Can Having a Trust Help Me Avoid Probate?
Yes, having a trust in place can avoid the probate process. Many of the
specifications arranged and inventory taken are already in place and accounted
for when a trust is in place. Furthermore, trusts detail exactly who is
to receive the property of an individual after their death. Because of
this, a properly written trust can actually avoid probate altogether.
Creating a Special Needs Trusts
This kind of trust can be put into place to help financially support a
loved one with special needs. In certain situations, receiving money from
another source may make it impossible for your loved one to continue to
receive disability payments. In this case, a special needs trust can be
created to bypass these difficulties, allowing your loved one to stay
on disability and also receive extra financial support.
Contact us to see if this type of trust fits your situation!
Trusts Within a Will
A trust that is created within a will, known as a testamentary trust, comes
into effect only after the author has passed away. This can be useful
if you want to ensure certain conditions for the support of loved ones.
For instance, you may not wish to grant monthly payments to you children
while you are alive, but would desire this if you were to suddenly pass away.
Contact the Law Office of Kathryn Marteeny
A trust which is created by our firm which is properly drafted and put
together effectively can give you peace of mind and provide clarity to
your family. We understand that you likely wish to have your family avoid
disputes if possible, and make it very clear what you would like done
with your wealth and assets. Our Houston estate planning lawyer can also
assist you to designate an executor for your will and a trustee to manage
your trust. We can tailor a solution to your particular situation.
If you would like to learn more, please call us today at (713) 936-2300
to make an appointment!