Estate Planning
Arranging for the distribution of one's wealth is what estate planning is all about. A critical part of estate planning is creating documents that outline your wishes for distributing your assets after you die. Every individual has an estate plan. If you do not have a formal written will or trust, your estate plan is created out of default by your state. Every state in America has laws governing the distribution of property when a person dies without a will or trust. If you have not made any provisions for the distribution of your estate before you die, your estate would be distributed according to your state's "intestate succession" statutes which provide for the distribution of your estate to your spouse and relatives in an order established by your state's law. So the question is not whether you will have an estate plan, but whether you will have an estate plan of your own selection or one imposed upon you by law.

Unfortunately, many people have neither a will or a trust which would identify their intent and desires after their death. They become so involved in their daily activities that they give little thought to the consequences of their demise. However, many do realize the importance of estate planning documents to protect and provide for their dependents, but people often die prematurely leaving dependents unprotected. Families can be financially devastated and ripped apart by this procrastination.

Time is of the essence in these types of matters so if you think that you need legal advice, contact us immediately.

Law Office of Robert Ray
Attorney at Law
617 Chase Dr.
Tyler, Texas 75701
Phone: 903-593-2020
Email Us

"We want to be your lawyer."