Living trust and will estate planning lawyers and attorneys in Texas

Estate Planning Needs and Concerns

These guides are samples taken from the Estate Director kit, which is available for download at www.livingtrustvswill.com.

The purpose of the Estate Director is to

Help families identify goals, prepare information for an estate planner and find/interview/choose an attorney for their estate plan,
Fill in the gaps left open by wills and living trusts regarding important personal medical and financial information, and information for potential guardians regarding children.

Rank your current needs using 1 (Highest) through 10 (Lowest). The same ranking can be given to multiple goals. To print this section, highlight this section and click Print -> Selection.

Appointing medical and financial powers of attorney

Appointing guardians for children

Controlling distributions to young beneficiaries

Providing for a special needs beneficiary

Providing a temporary residence for a family member to use

Income and debt relief for surviving dependents

Reducing the likelihood an estate being contested

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Avoiding probate

Avoiding estate taxes

Caring for a pet

Asset protection

Loss of income due to disability

Long-term care costs

Potential Executors or Successor Trustees

These nominated persons handle the transition of your estate after you pass. You can often choose between having a 1st, 2nd, 3rd, etc. or having two people work together as 1st Co-Personal Representatives and having replacements should an initial person be unable to act.

Many estate plans nominate just two or three people total, but in the initial planning steps, list everyone worthy of consideration. Prioritize these people now or at a later time when creating your legal documents.

1st: Relation:

2nd: Relation:

3rd: Relation:

4th: Relation:

5th: Relation:

6th: Relation:

The Estate Director

Read powerful testimonials for these useful planning tools which can save time and money for a spouse, your executors, trustees, agents acting under powers of attorney and guardians for your children.

"I was an accountant and business manager for over 20 years. I've served as a trustee of a trust, and know the importance of having this information available, especially if it is organized as presented. Most estate plans I've seen don't include anywhere near this amount of information, nor does it include this kind of detail.

I have personally lost two close friends who were attorneys and clients of mine. As I began to work in settling their estates, I was amazed at the amount of information I didn't know and needed. And I hated every call to loved ones to gather that information... continue." - Jerilyn, Retired Accountant

Living Trust Texas

Estate Planning Needs and Concerns

Potential Executors or Successor Trustees

The Estate Director