A carefully put together estate plan is one of the most thoughtful inheritances that any Texas resident can leave behind for his or her loved ones. Even if you do not believe that the estate you leave behind is going to be a very sizable one, the value of your estate plan cannot be underestimated.
Even in cases that involve small estates worth less than $5,000, a well-planned estate can help relatives and loved ones complete details pertaining to the end of your life in a manner that is free of stress. Relieving loved ones of estate administration burdens is important considering how they will already be dealing with difficult emotions relating to losing a family member.
A well-planned estate can also help Texas families avoid the risk of infighting after the loss of a loved one. Everyone has heard heartbreaking stories about families getting into legal battles over who gets what following the death of a parent or grandparent. It is frightening to think that something like this could happen in our own family, but even the most cohesive family’s bonds are strained following a death. With an intelligently planned estate, though, one can itemize personal possessions to indicate exactly who will receive what. One can also handle the division of the estate in a way that ensures everyone is treated equally to limit the chance of family disagreements.
At the Law Offices of Victor H. Falvey, we know how important your family is to you. We also know that the tiniest of details can make or break an estate plan following your death. A well-organized Texas estate plan requires foresight, legal expertise and an in-depth understanding of the individual family for whom it is to be designed.