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Three Misconceptions About Estate Planning

Divorce1. I’LL GET AROUND TO IT

Seventy percent of Texans never get around to preparing for their death or disability. They rationalize that when they get old or sick or hurt they will see a lawyer about some documents to protect their family. This is like waiting to put on your seat belt until you anticipate you’ll be in an accident. It doesn’t work.

2. IT’LL ALL WORK OUT

This ranks up there with “I ain’t got nothing” and “Let em sort it out when I’m dead” as shortsighted selfish strategies. It may eventually work out after the family has spent way too much time and money, and all hope for peaceful resolution has been lost.

3. EXPENSIVE AND TIME CONSUMING

Most Texans can get basic estate planning for less than $800. This includes an experienced attorney who can answer questions, and perhaps more importantly ask the right questions to build a plan that could last for many years. A well drafted Will, Statutory Durable Powers of Attorney for Business/ Finance and one for Healthcare with a combination Advance Directive to Physicians may be all the planning you need for the rest of your life. Mr. Bailey consults with individuals and couples for 30-45 minutes initially and once estate planning documents are reviewed and approved most people are able to visit the office of their choice to execute the documents within a few days. We love to help families plan for the future and would be honored to help you plan for yours.

Contact Us

To set up a free initial consultation, contact us online or call us at 844-402-2992. For your convenience, we answer our phones 24 hours a day, 7 days a week. We will meet with you