New Braunfels Living Trust Lawyer

Enhance Your Estate Plan With Our New Braunfels, TX Living Trust Lawyer

Did you know that your will isn’t the only way that you can transfer assets to your heirs? A living trust permits you to enjoy the benefits of certain assets, including real estate, then ensure the assets pass to a designated heir, avoiding the expense and hassle of probate. Living trusts also protect your privacy, as the beneficiary of the trust can receive their inheritance without it becoming public record, as it would if the asset went through probate. Living trusts have more benefits than you may realize. Our New Braunfels, TX living trust lawyer can explain how a living trust improves your current financial position, helps you achieve certain financial goals, and protects specific assets.

For nearly three decades, the attorneys at The J.M. Dickerson Law Firm have been helping central Texas families like yours develop wealth preservation strategies through comprehensive estate planning. Our board-certified estate planning attorney can help you incorporate a living trust into your current estate plan or create a new trust and estate plan if you’ve been putting it off. Contact us today to schedule your free initial consultation.

Estate Planning Insight From The Author Of The Texan’s Guide Of The Probate Process

When correctly drafted, a Texas living trust allows you to pass assets directly to a chosen heir, bypassing probate, so the heir can immediately benefit from the asset. With a living trust, you retain control of the asset and financially benefit from it, so you can change the terms if necessary.  And, once assets are in the trust, the trust owns it, enhancing privacy.

Our attorneys can revise your trust as necessary or help you add assets to it, growing its value. And, placing assets in a trust can afford greater protection from creditors or seizure. Living trusts also minimize court involvement in the distribution of the assets it contains; there is no need to probate a living trust. Another benefit to a living trust is that the assets are protected from a will challenge or dispute.

Is A Living Trust Right For You?

Our legal team helps you explore your options for a flexible estate plan, including establishing a living trust. If you’re concerned about running out of money in retirement or having somewhere to live, a trust can give you more security and peace of mind. Or, if you’re worried about a financial conservatorship, your living trust can help protect certain assets from going under the control of someone else.

In your personal consultation, we get to know you and your concerns so we can create the right legal protections for everything that you’ve worked so hard for. Our New Braunfels living trust lawyer combines traditional estate planning and investment strategies with riskier approaches if you want a more aggressive approach to growing your wealth. At The J.M. Dickerson Law Firm, we offer flat-fee pricing. We design prudent solutions that stand up in court, helping you build and preserve the generational wealth you’ve worked so hard to create. Contact us today for a consultation.

Different Benefits Of Living Trust Cases We Handle

Creating a living trust is a practical way to prepare for the future while protecting what matters most to us, as our New Braunfels, TX living trust lawyer knows. Many families consider this option as part of their estate planning because it gives them more control over how their assets are handled during life and after death. A living trust can provide peace of mind for us and those we care about by outlining clear instructions for the distribution and management of property. When done correctly, it can be a useful tool in avoiding unnecessary delays and reducing stress during difficult times. We offer bilingual services for our clients, so call to see how we can help you best.

Quicker Access To Assets

A living trust can help loved ones receive their inheritance without delays caused by the probate process. Because the trust already identifies who is responsible for managing and distributing the assets, there’s no need to wait for a court to step in.

Avoids Probate

Our New Braunfels living trust lawyer knows that probate is often time-consuming and can become expensive, depending on the estate. With a living trust, property passes directly to the beneficiaries we’ve named, without involving the court system. This can save both time and money while keeping the process smoother for everyone involved.

Maintains Privacy

Unlike a will, which becomes public record when it enters probate, a living trust is private. The details of the assets and who receives them remain confidential. For families who value discretion, this feature can be especially important.

Allows For Ongoing Management

If we become unable to manage our affairs due to illness or injury, a living trust lets a chosen trustee step in and manage everything right away. There’s no need for a court to determine who is in charge or how to proceed, which makes the transition easier on everyone.

Helps Avoid Conservatorship

When someone becomes incapacitated and hasn’t planned ahead, a court may need to appoint a conservator to manage their assets. A living trust can prevent this. By clearly naming a successor trustee, we’ve already made that decision and given that person the authority to act without court involvement.

Reduces Family Disputes

When estate plans are unclear, disagreements can happen. A living trust spells out how property should be handled, reducing the risk of conflict. It also allows us to include specific instructions that reflect our wishes, helping to keep peace among family members.

A living trust can be a smart and responsible choice for those of us who want to maintain control over how our assets are managed while reducing stress for loved ones later on. At The J. M. Dickerson Law Firm, we’re committed to helping families create clear and effective estate plans tailored to their needs. We have created over 100 estate plans and are prepared to help you. If you’re ready to learn more about how a living trust could benefit you and those you care about, we invite you to reach out to our New Braunfels living trust lawyer and start the conversation with our team today.

5 Unexpected Things A Living Trust Can Do

When most people think about a living trust, they picture avoiding probate and keeping their estate private. While those are important benefits, a living trust can do much more than that. Some of these advantages are less well known, yet they can make a major difference for families and individuals planning ahead. For more help, call our New Braunfels, TX living trust lawyer today!

1. Provide Support for Special Circumstances

A living trust is flexible enough to provide for family members who may need extra support. For example, a trust can set aside funds for a child or adult who may struggle to manage money on their own. It can also account for medical needs or ongoing care. By outlining these provisions clearly, families have a tool that protects loved ones in ways a simple will may not. You may also want to discuss your living trust with your family.

2. Simplify Business Transitions

Business owners often worry about what will happen to their company when they are no longer around to manage it. A living trust can include specific instructions for business succession, whether it is transferring shares, appointing a new manager, or preparing for a sale. This gives peace of mind to business owners who want their hard work to continue without unnecessary disputes or delays.

3. Manage Out-of-State Property

Owning property in multiple states can complicate estate matters. Normally, each property may require a separate probate process, which can be time-consuming and costly. With a living trust, those properties can be placed under one plan, avoiding multiple court proceedings. This can save significant time for heirs and simplify the overall administration process.

4. Protect Digital Assets

In today’s world, digital assets can be just as valuable as physical property. Online accounts, domain names, and digital wallets all carry financial or personal importance. A living trust allows us to assign control of those assets to someone we trust. Without this preparation, valuable online property may be lost or difficult for family to access. Our New Braunfels living trust lawyer is an author of books like The 3 Bucket Method for Asset Protection, and he can help draft up a living trust that makes the most sense for you and your situation.

5. Offer Flexibility for Life Changes

Life rarely stays the same. People get married, divorced, or have children, and financial circumstances can change quickly. A living trust can be adjusted during our lifetime, allowing us to make sure it reflects current goals. This adaptability makes it a practical choice for anyone who wants their estate plan to grow and change along with them.

Get The Help You Need Today

If you are thinking about the future of your family and assets, we encourage you to reach out to discuss whether a living trust may be right for you. By planning ahead, we can help reduce stress for our loved ones and make sure the things we care about most are protected. Our New Braunfels living trust lawyer brings decades of experience, and we’re just one call away when you call us at The J.M. Dickerson Law Firm!