Law Office of Randy Michel
College Station, TX
979-764-2435 or
Menu Contact
View Our Practice Areas

Estate planning is more than the basics

We talk about the overall scope of estate planning quite often in our blog because we want our Texas readers to understand how important this is to their future.

One of the biggest problems people face is that they do not think about anything but the basics. They understand the importance of a will and trust but are unsure of whether or not other estate planning documents and strategies could work in their favor. As a result, many people never go above and beyond, which puts them as well as their family at risk.

For example, there are many types of trusts to take into consideration. You need to evaluable your short- and long-term goals, and then decide which type is right for your and your heirs. Some of your options include:

-- Irrevocable trusts, with which you can never take back-- Revocable trusts, with which you can dissolve or transfer assets at any time-- Family trusts-- Charitable trusts-- Insurance trusts

One or more of these types of trusts may be right for you, but you cannot decide how to move forward until you are comfortable with what each one has to offer.

When you learn as much as possible about estate planning, including the many strategies that are available to you, you can create a plan that meets your current needs while also taking care of your family after your death. If you are ready to increase your knowledge base, take the time to explore our estate administration and planning page, as this is where you will find the information you need.

Source: LAW OFFICE OF RANDY MICHEL, "College Station Estate Planning Attorney" Aug. 26, 2014

No Comments

Leave a comment
Comment Information

Our Location

Law Office of Randy Michel
232 Southwest Parkway East
College Station, TX 77840

Phone: 979-314-2965
Phone: 979-764-2435
Fax: 979-764-2436
Map & Directions

EMAIL US FOR A RESPONSE

How Can We Help?

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close