How to choose the best estate planning attorney in Dallas
A great estate planning lawyer in Fort Worth should check all of your boxes. First, the attorney you choose needs to be knowledgeable in the specific areas of estate planning that your loved one needs. If the senior in your life has a significant stock market portfolio, distributing their assets would be more complex than if they had primarily liquid assets. Next, make sure that you know what your loved one’s Dallas estate planning attorney will cost before you go too far. Your loved one will need consistent access to this person for the rest of their lives, and it would be heartbreaking if they couldn’t amend their will because of money.
Recommendations and referrals can also be a great tool for choosing an estate planning lawyer in Dallas-Ft. Worth, but bear in mind that some attorneys may pay for favorable write ups that they do not necessarily deserve. Finally, you should arrange a meeting between your loved one and top candidates to ensure a solid personal rapport.
Facts and trends in Dallas estate planning
How many seniors in Dallas are participating in estate planning?
Most adults understand the importance of estate planning, but many of us are content to put it off until it is too late. As a result, overall participation in estate planning is relatively low. Here is how many Texans filed for simple and complex trusts in 2014, according to IRS statistics:
|Number of Returns Filed for Complex Trust||Number of Returns filed for Simple Trust|
Texas has higher numbers than most other states, but that’s a function of having a higher population than anything else. Why not use our free resources to find your loved one a great estate planning lawyer in Dallas today who can nudge them to start thinking about their final wishes?
What should caregivers in Dallas know about the prevalence of advanced directives?
While we often think of estate planning as taking care of heirs, that’s not the only thing that an estate planning lawyer in Fort Worth could do for your loved one. For example, a 2017 study conducted by Reuters Health looked at how many Americans have documented advanced directives for end-of-life care. Here are the results:
Americans with Advanced Directives for End-of-Life Care
Americans with Advanced Directives for End-of-Life Care Over Age 65
Americans with Advanced Directives for End-of-Life Care Currently in a Nursing Home
We see that mostly older Americans in nursing home environments have advanced directives in place, meaning that the general population has not formally made its wishes known. An estate planning attorney in Dallas can rectify that situation for your loved one and ensure that they receive only the medical treatment they want.
What are the benefits of working with an estate planning law firm in Dallas?
There are many good reasons for your loved one to collaborate with a Dallas estate planning attorney. Most importantly, a lawyer can ensure that your loved one’s assets are distributed according to their wishes, including any adopted children (legally or informally) and charitable organizations that mean something to them. Your loved one may also get peace of mind from knowing that their loved ones won’t have to cover end-of-life expenses out of pocket when the time comes. An estate planning lawyer in Dallas-Ft. Worth can help your loved one amend their final wishes as often as they like, so it doesn’t have to have an air of finality about it.
Estate planning solutions for Dallas seniors
Nobody wants to think about what will happen when they or a loved one passes away, but ignoring the issue won’t make it go away. Instead, use our listings to find your loved one a great estate planning attorney who can help your loved one document their final wishes for future reference.