Estate Planning For Wealth Preservation

Preserving Your Wealth Through Estate Planning

People often ask us, “Isn’t estate planning just about getting a will?” No. It is about more than that. Estate planning helps you avoid unnecessary taxes, limits your future personal liability and provides a means for you to ensure your legacy. It can save you money now and save your heirs money in the future. Other benefits of an estate plan can include protecting your privacy and providing a vehicle for you to invest future earnings.

Proper estate planning can mean the difference between minimizing your tax obligations and tax evasion. At Engel Law Group, P.S., we can help you make beneficial decisions for your future, while still complying with Texas law.

“Here’s a multiple choice:  the difference between tax avoidance and tax evasion is: A. whatever the IRS says. B. a smart lawyer.  C. 10 years in prison.  D. All of the above.” – Gene Hackman as “Avery” in the Firm.

Helping You Navigate Complex Plans For Your Future

Estate planning itself encompasses a multitude of decisions you must make and the legal documents that implement those decisions for you. The documents themselves can range from the incredibly simple to the complicated and complex, such as:

  • A simple will
  • A pour-over will
  • An advance medical directive
  • A special needs trust
  • A credit shelter irrevocable trust
  • A variety of power of attorneys

Your goals determine the complexity of the estate planning documents. If the goal is just to inform the court of who gets what furniture, an online will template for your local lawyer to look over will do. If your goals are more ambitious, you will need more work done and that is where we can help. When a serious estate planning issue arises, turn to us for guidance.

Get A Solution Tailored To Yours And Your Family’s Specific Needs

We know that estate planning is more than just an area of law. For this reason, when crafting a solution for you, our goal is to develop a set of documents that implement your wishes. Let us help get a custom-tailored solution for you and your spouse where your imagination sets the limit on what we can do.

While an extensive estate plan may not be right for everyone, you should still have something in place to prevent potential conflict. Work with us to protect your privacy, preserve your wealth or ensure your legacy. Contact our Dallas office at 214-915-2205 or send an email to arrange a consultation with an estate planning attorney today.