Living Wills in Texas

Contact Keith Morris Attorney at Law today to discuss your living will by calling (713) 636-5339 in Houston or (817) 442-2048 in Fort Worth.

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Should You Consider A Living Trust?

If you’re considering various estate planning alternatives, you have probably encountered the concept of living trusts. This legal mechanism allows a person to transfer ownership of properties during his or her lifetime. A living trust DOES NOT replace a Last Will and Testament; rather, it acts as a supplement to what is stated in the Will.

When its provisions are designated as revocable, the person executing the living trust may modify its terms; when it’s irrevocable, the provisions can no longer be changed.

To determine if you need a living trust or not, here are a couple of issues you should take into account. It is also highly advisable to seek the help of an attorney that offers trust services in Texas; this legal advocate is in the best position to help you regarding these matters.

Skip Lengthy Probate

For those whose large and complex estates consist of money and various assets, living trusts can be beneficial for your heirs. Assets included in the living trust will no longer to go through the probate process, which can be a complicated and time-consuming process. Since living trusts allow the skipping of the lengthy probate process, heirs and beneficiaries will benefit from the swift transfer of ownership of properties.

The simplicity of living trusts and the prospect of avoiding a lengthy probate process is what attract many people to this estate planning tool.

Avoiding Estate Taxes

While living trusts allow certain tax advantages, they do not automatically allow avoidance of estate taxes. For the most part, living trusts only permit portions of the estate to be free from taxation, allowing tax savings during the probate process. To learn more about these tax advantages, speak with an attorney experienced in trust services in Texas.

Issues Of Incapacity

Following the normal course of life, many people will reach point of incapacity in which they are unable to manage and direct financial affairs. This could be a result of dire illness, an accident or just the coming of age.

In case of such inability, setting up a living trust beforehand is one of the best possible ways to manage the assets of your estate and to use or dispose it according to your terms.

To learn more about living trusts in Texas, speak with Houston estate planning attorney today.

Success that Speaks for Itself

Case Results
  • Multi-Million Dollar International Estate Settlement Reached

    Successfully negotiated settlement between surviving spouse and foreign advisers in multi-million dollar international estate.

  • Estate Administration & Division of Assets Dispute Resolved

    Resolved highly contentious ongoing dispute over father’s estate and division of assets between son and daughter.

  • Multi-Million Dollar Estate Case Six-Figure Settlement Reached

    Obtained six-figure settlement after jury was seated for adopted child in multi-million dollar estate case after adoption was disputed.

  • Estate Administration Case Dispute Resolved

    Successfully resolved case between two siblings fighting over cash and personal property of their father.

  • Probate Case Successful Verdict

    Obtained verdict for daughter that reunited with her father after being estranged and offered will for probate but was contested by her sister.

  • Multi-Million Dollar Trust Dispute Won Summary Judgment

    Won summary judgment for prominent South Texas family in multi-million-dollar trust dispute over real property.

  • Evidentiary Hearing Hearing Won

    Won lengthy evidentiary hearing to prove client was not in contempt of court to avoid sanction or jail time.

  • Guardianship Case Case Won

    Won trial to exclude wife to serve as guardian of gentleman she married that was at least twice her age.

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Why Choose Keith Morris, Attorney at Law?

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  • Extensive Experience

    With over 20 years of legal experience, Keith Morris has devoted his efforts to sharpening his skills in probate, trust, and estate planning and litigation.

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Contact the firm today to discuss your case during a free consultation and explore your options.