Children Are A Great Reason To Create An Estate Plan
While there are many family issues to contemplate when putting together a will, perhaps some of the most sensitive are those surrounding your children. Leach Fox Law, has been helping families for years when planning for their children’s futures. We can inform you of your options when it comes to protecting your assets for your kids, as well as the rules that must be followed in order to do so.
Estate Plans And Blended Families
American families have been changing for quite some time. We find many of our clients are in their second or third marriages with newly blended families. This can raise questions and concerns about protecting assets for the children of your previous marriages. Our attorneys can help you plan the financial future of your blended family by drafting postnuptial agreements, prenuptial agreements and marital property agreements. It’s not about planning for divorce; it is about protecting everyone in your blended family.
Leaving Assets To Minor Children
There are specific guidelines that must be followed in order to leave assets to your minor children under the age of 18. When planning for your children’s futures, one of the worst things you can do is neglect to create a will. Without a will, your assets will be controlled by the court until your children are of age. On the other hand, by creating a will or trust, you retain the flexibility of when your children are allowed access. Our attorneys can make sure your will conforms to the regulations regarding minor children and inheritance. We are ready to guide you through the process of creating the right trust for your descendants.
Is It Time To Update An Existing Plan?
From our offices in North Richland Hills, Texas, Leach Fox Law, represents clients in communities throughout the Dallas-Fort Worth Metro area. Call or contact Leach Fox Law online to schedule an appointment with our experienced blended families and minor children estate lawyers today. Credit cards are accepted.