Building a Complete Estate Plan in Texas

Attorney Randy MichelAt the Law Office of Randy Michel, we understand how important it is to preserve the wealth you have accumulated throughout your life. With our comprehensive estate planning services, we help clients draft a complete estate plan that protects their assets, transfers property according to their wishes, and ultimately achieves their end of life goals. 

Attentive Legal Counsel

“I highly recommend Mr. Michel and his staff. Ms. Tracy and Ms. Andrea were very helpful with my legal needs and were available to speak with me.” Sara K.

Why We Recommend an Estate Plan

We are all familiar with the old axiom that "the only certainties in life are death and taxes." While pessimistic, this saying is quite true. We all pass on eventually, and at our office, we believe having a clear, understandable and executable plan for the end of your life is a great way to show your family and friends you loved them.

Notable Benefits of an Estate Plan

Preparing a complete estate plan can also:

  • Reduce the possibility of familial disputes over assets
  • Ensure your wishes are carried out
  • Significantly save on costs down the road

Start Planning Today

Please contact our College Station estate planning law firm online to learn more about our services, or call 979-764-2435 to schedule a confidential consultation. We look forward to learning more about your goals and discussing how we can help.

What Does an Estate Plan Involve?

Most of our clients are familiar with wills and trusts as the basic tools for estate planning. But what exactly are wills and trusts, and how can they benefit you?

  • Wills: Wills can range from very basic to extremely complex. All wills, however, should (i) establish how property is to be divided, (ii) establish guardianships for minor children, (iii) name an executor, and (iv) grant permission to pay off final debts or taxes.
  • Trusts: There are many different types of trusts, but all establish a third-party trustee to hold assets on behalf of a beneficiary. The exact type of trust that will benefit you will depend upon your unique circumstances and goals. The two most common types of trusts, however, are the (i) revocable or "living" trust and the (ii) irrevocable trust. The living trust allows a person to retain control over assets during his or her lifetime, while an irrevocable trust will transfer assets outside of a person's estate.

Benefits of Wills & Trusts

There are many benefits to having both wills and trusts. These benefits include:

  • Avoiding state-guided property distribution
  • Avoiding probate
  • Avoiding certain taxes

We believe having a clear, understandable, and executable plan for the end of your life is a great way to show your family and friends you loved them.

Additional Factors to Consider

A simple will or trust might be enough for some, but other items should be considered to ensure your estate plan is complete. These items include:

  • Establishing health care directives
  • Establishing a financial power of attorney
  • Covering funeral expenses
  • Reviewing insurance policies
  • Succession planning for businesses
  • Others particular to your situation

Speak with an Estate Planning Attorney Today

law offices of randy michel

We are anxious to learn more about you and your estate planning needs. Please call our Texas office at 979-764-2435 or contact our firm online to get started today.

We are located off Southwest Parkway between Wendy's and Wells Fargo. Don't trust your GPS — it will point you to a different neighborhood. We are tucked behind the Wells Fargo

Randy Michel

Law Office of Randy Michel

The Law Office of Randy Michel provides family-oriented legal services to clients in the greater College Station, TX, area. Our attorney, Randy Michel, hold several distinctions and are affiliated with prestigious organizations:

  • National Academy of Elder Law Attorneys
  • Brazos County Bar Association
  • National Association of Juvenile and Family Court Judges
  • State Bar of Texas
  • Kentucky Bar Association
  • Members of the Premier 100 Trial Attorneys 
  • Board-Certified by the Texas Board of Legal Specialization
  • Awarded Pro Bono Honors for community involvement
  • Certification as a mediator and arbitrator

To schedule an appointment or to learn more about how our law firm can serve your needs, contact us online or call (979) 764-2435.

Contact Us Today

"Randy Michel is an honorable guy, who ensures you are well cared for and fully aware of all legal nuances, no matter what."

Rate, Review & Explore

Social Accounts Sprite