Houston estate planning attorney Whitney L. Thompson (https://www.wthompsonlaw.com/) releases a new article explaining the meaning of estate planning and the role of an estate planning lawyer in the process. The lawyer mentions that people usually keep planning for the future at the bottom of the lists. However, planning for the future is very important if an individual has other loved ones relying on them. 

“Your estate includes your home and other real estate, your car, personal belongings, bank accounts, retirement savings, investments, and life insurance. Anything you own is considered part of your estate. When you die, this estate gets passed on to your heirs, usually the spouse or the children. Estate planning allows you to choose how that happens and who gets what assets. Without it, the state makes those decisions,” says the Houston estate planning attorney. 

The lawyer explains that estate planning is not only for the rich. If an individual owns something, no matter how big or small it is, means that they have an estate. And it is always important to protect a person’s estate. Proper estate planning will help the courts distribute your assets according to your wishes in the event you pass away. 

Attorney Whitney L. Thompson adds that a tailored estate plan protects the individual and ensures that their assets are taken care of. Since no one is able to predict what will happen in the future, having a comprehensive plan can help loved ones deal with the estate easily after the owner passes away. 

In the article, attorney Kucher also says that an estate plan will help ensure that the owner’s wishes are followed in the event of their death. It can also help their family being able to avoid disputes and expensive litigation, the state taxes will be reduced, and the future of their children and other loved ones will be secured. 

According to the estate planning attorney, “An estate plan affords you peace of mind that your wishes will be considered and protected no matter what happens. Seeking the legal advice of Houston estate planning attorneys may help a client understand the complexities of the processes and can help them avoid making estate planning mistakes.”

Lastly, the lawyer emphasizes the importance of having a skilled divorce attorney when dealing with matters involving estate planning. Having an experienced estate attorney may be able to help an individual understand their rights and help them prepare for the future of their loved ones.

About The Law Office of Whitney Thompson, PLLC

Attorney Whitney Thompson is an experienced family law attorney who helps clients deal with family law matters such as divorce or legal separation. Attorney Thompson also deals with guardianship, probate, and estate planning matters. As an experienced divorce lawyer, attorney Thompson and her legal team have helped families have a smoother divorce process and plan for their future more thoroughly. To schedule a consultation, call (281) 214-0173.

Source: https://thenewsfront.com/houston-estate-planning-attorney-whitney-l-thompson-discusses-estate-planning-and-the-role-of-an-estate-planning-lawyer/