Do you need estate planning?
If you answer “no” to any of these questions, consider calling our law firm for a consultation and professional assistance with your estate plan.
- Do You Need Estate Planning?
- Do you have current and signed wills?
- Have you discussed estate plans with your family?
- Have you reviewed the ownership of your assets?
- Have you reviewed your life insurance needs?
- Do you have a retirement plan?
- Can your estate pay the bills and provide adequately for your family?
- Do you know how much you will receive in Social Security payments?
- Have you designated anyone to handle your affairs if you are no longer capable?
- Have you planned for your long-term care or that of your elderly dependents?
- Have you taken steps to reduce income taxes now and death taxes on your estate?
- If you own a business, have you planned for its future?
- Have you reviewed your beneficiary designations?
When you are ready to consult with an experienced estate planning attorney in the DFW area, get in touch with The Foust Firm, PC for a consultation.
Everything you need, all in one place
Probate
When a loved one passes away, you need a local probate lawyer you can trust to assist you in ensuring that your loved one’s wishes are carried out. If your loved one had a will, The Foust Firm, PC can assist the executor of the will in navigating the probate process. Our firm can also help with the administration of the estate. We understand that this is an emotional time, and we are committed to serving you with dedication and compassion you can count on. Please contact us today for a consultation.
Probate Explained
Probate is the court process by which a last will and testament (if there is a will) is determined to be valid, and the court approves the appointment of the person or institution named in the will to administer the estate (the Executor). If there is not a will, the probate court will move forward, by application of an interested party, to appoint an administrator who will distribute the estate of the deceased. As such, a probate lawyer helps ensure these processes are carried out smoothly and correctly.
Inheritance Theft
Inheritance theft is serious. Contact our firm right away for immediate assistance. Someone can become a victim of inheritance theft if they are:
- Subject to the influence of another person who may cause them to act against their own wishes.
- Mentally or physically incapacitated.
- Elderly and under the care of a family member who is estranged from the immediate family.
- Estranged from family members, especially if one child is the executor of a will and the other siblings are beneficiaries.
- Recently married or divorced.
- Deceased without any immediate family members to inherit the estate.
- Careless about who they trust to handle their estate.
Trust Administration
The Foust Firm, PC serves as a knowledgeable trust lawyer that helps clients with Trust Administration and everything that is involved with that process. To administer a Trust, the trustee must understand the provisions of the Trust and how they relate to the Trustee’s duties and responsibilities for the Trust and the duties and responsibilities to the beneficiaries of the Trust. This can become complicated, but you can trust our knowledge and experience to guide you through the process.
What Are the Advantages of Having a Trust?
There are many advantages that a trust provides to all types of people, with several benefits over a simple will. A revocable living trust is a legal mechanism/contract set up by your trust lawyer to gather assets in one place, and it is an important financial management tool. The Trustee of your Living Trust can be appointed to manage all your assets at a specified time. You can serve as the Trustee of your trust while you are living, and you can appoint a successor Trustee to manage your financial affairs should you become incapacitated and/or pass away.