Creating Wills & Trusts in Allen, Texas
Get Insight from Our Allen Estate Planning Lawyer: Call (972) 200-3078
At the Law Offices of Dan Chern, P.C., we are passionate about providing personalized and effective counsel for our clients. For over 25+ years, our Allen estate planning lawyer has been helping individuals protect their assets for future generations to come.
What You Can Expect As Our Client
When it comes to creating a solid and comprehensive estate plan, there are two pieces that can play a significant: wills and trusts. When you come to our firm, we can review your financial and familial situation and help you determine which aspects are necessary for your estate plan. Our goal is to help you create a plan that you and your loved ones will be confident in.
- Personalized Estate Planning Strategies in Allen: We never take a cookie-cutter approach to solving your future planning needs; rather, we provide every client with a tailored approach. We focus on helping you create a will or trust that protects your assets and future.
- Innovative Estate Solutions That Work: Do not hesitate to creating your will or trust because of the potential cost of hiring a lawyer. The cost of inaction will be more devastating, by and far. We provide cost-effective solutions without compromising on the quality of results.
- Asset Protection: Safeguarding What's Important: We know that you have spent a lifetime earning the things you hold most dear to your heart. You shouldn’t have to jeopardize those things when you are no longer around to protect them.
- Start Your Estate Plan Today: You can start on your will, trust, or litigation matter today. Simply contact us today and we can review your situation with no obligation or risk to you.
Begin Your Estate Planning Journey Now Reach Out to Our Allen Law Firm at (972) 200-3078 for a Consultation.
What Is the Difference Between a Will and Trust?
While both are useful and effective estate planning tools, there are some serious differences between wills and trusts. Most importantly, they serve different purposes. In many cases, individuals decide that having both documents is the most advantageous for their estate.
For example, a will differs from a trust in that it:
- Only goes into place after you have passed away
- Directs what should happen to your property on your death
- Appoints a legal representative to fulfill your final wishes
- Passes through the probate process
- Becomes part of the public record
- Allows you to name a guardian for children
- Let’s you specify funeral preferences and arrangements
In comparison, a trust can do the following:
- Take effect immediately after being created, after your death, or even later on
- Transfer property to the trust, rather than leaving it in your name
- Pass outside of probate, directly providing beneficiaries with assets
- Remain private, rather than becoming public
- Set up a plan if you were to become disabled or incapacitated
- Bypass certain taxes for loved ones who inherit property
If you have questions on which estate planning documents would be beneficial for your situation, our Allen estate planning attorney would be more than happy to discuss your case with you.
Why Choose Law Offices of Dan Chern, P.C.?
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Veteran Owned & Operated
We are a veteran-owned firm committed to bringing discipline and integrity to every case.
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Preparing Every Case for Trial
We prepare every case with the meticulous attention to detail required for trial readiness.
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Former Municipal JudgeOur team includes a former municipal judge, providing unique insights into the judicial process.
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25+ Years Of ExperienceWith over 25 years of experience, we deliver knowledgeable and effective legal representation.