It’s never too early to begin estate planning with a Trust. A comprehensive Trust based estate plan protects your wealth, your preferred end-of-life interests, and your loved ones without the involvement of a Probate Court or other third parties after you’re gone.
Creating a Trust based estate plan that covers all your needs shouldn’t be an overwhelming process. At Campbell Law Firm in Tyler, TX, we will walk you through the Trust process and carefully craft every document you’ll need. We will make the process simpleand give you peace of mind and take that estate planning burden off your shoulders. With an experienced estate planning attorney like Bradley S. Campbell, you can rely on knowledgeable, well-seasoned legal advice, one-on-one planning, and compassionate support every step of the way. Book a call with us today!
A Will typically cannot cover all of your estate planning needs, and it only becomes active after you die and it REQUIRES your family members to probate.
We know you want to save your family members the cost, time and stress of the probate process, so Campbell Law Firm, PC can craft an estate plan with documents, such as Trusts, Powers of Attorney, Advance Directives, Limited Liability Companies, and other techniques to avoid Probate, reduce the costs of transferring your assets to your loved ones and minimize the stress and time involved in those processes, especially when your loved ones are in the middle of grieving your loss.
Numerous types of trusts exist, though they all place your assets in the name of the trust so as to avoid probate after you pass. The primary benefit of this transfer of assets to a Trust, rather than transferring assets by using a Will to your beneficiaries, is allowing your loved ones to avoid the public probate process, and the cost and hassle of a probate
There are many advantages of setting up a revocable trust. One such advantage is the ability to have complete control over your assets and how you would like them to be distributed, without court involvement or a very public court proceeding. A revocable trust allows your loved ones to bypass the costly and time-consuming probate process entirely. This trust can also protect your assets from creditors, spouses of your beneficiaries and other liabilities while also allowing you to gift your estate in a way that will protect your beneficiaries.
Your trust lawyer from Campbell Law Firm, PC, can walk you through all the different options based on your needs so you can pick the right option for your family. Our trust attorney, Bradley S. Campbell, has extensive knowledge in all forms of trusts, so he can help you create the right document based on your goals and objectives.
The distribution of assets to beneficiaries can be defined with limitations on amounts, times of distribution and reasons for distributions.
Powers of attorney grant other individuals the legal right to do certain things, like make health decisions or complete financial transactions on your behalf. Creating a power of attorney is a critical aspect of your estate plan as it covers your wishes if you become incapacitated.
Numerous types of powers of attorney exist for all different use cases, ranging from temporary directives granting someone power while you’re on vacation to permanent actions to ensure that your health care follows your wishes if you become incapacitated.
Advance directives and other health care documents also outline your wishes if you become incapacitated and cannot speak for yourself.
Advance directives differ from powers of attorney because these documents do not just appoint an individual to make your decision. Instead, they state your exact preferences regarding different specific scenarios. Typically, your advance directives cover who you wish to access your healthcare records, your overall care preferences, and if anyone can make decisions for you.
Over three decades of estate planning experience
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Comprehensive estate planning services to cover all your needs, concerns and give you peace of mind for any situation that could arise in the future
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Book a call with Campbell Law Firm in Tyler, TX, today to begin the estate planning process.