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College Station, TX
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‘Other’ estate planning details to discuss

When it comes to the estate planning process, you must take the time to consider your current situation as well as what will happen to your assets and debts upon your death. Many people get started with estate planning by focusing primarily on creating a will. From there, some consider a trust as well.

While these two estate planning tools are extremely important, it is essential to realize that there is more to the process. Anybody who desires a sound estate plan must consider each and every detail, including the following:

-- Succession planning if you are hoping to pass your business on

-- Establishing power of attorney

-- Covering final expenses, such as funeral and burial costs

-- Review of all insurance policies

-- Healthcare directives

A will or trust may take some of these details into consideration, but you will never know for sure until you review your entire situation.

Your estate planning goals are likely to be the same as others, including avoiding taxes and probate while making life as easy as possible on your heirs once you pass on.

When you focus on all the details of estate planning, not just the most obvious, you have a better chance of reaching your goals now and in the future.

Regardless of your age, it is never too soon or too late to get started with estate planning. As you learn more, you can make key decisions that will impact you and your heirs. You can get started by browsing our website, paying close attention to the page dedicated to building a complete estate plan.

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

Phone: 979-314-2965
Phone: 979-764-2435
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