Houston estate probate lawyer Whitney L. Thompson (https://www.wthompsonlaw.com/why-you-need-an-estate-plan/) has recently released a new article discussing the importance of estate planning. In the article titled “Why You Need an Estate Plan,” Attorney Thompson explains the importance of having a plan in place and the consequences of not having one.

According to Houston estate probate lawyer, “Estate planning is a critical step to ensure that your assets are protected, and your loved ones are taken care of after your passing.” Attorney Thompson emphasizes that estate planning is not just for the wealthy, but for anyone who wants to ensure that their assets are distributed as they wish and their loved ones are taken care of.

In the article, the Houston estate probate lawyer discusses the various components of estate planning, including wills, trusts, powers of attorney, and healthcare directives. Attorney Thompson emphasizes the importance of working with an experienced estate planning attorney to ensure that all documents are properly prepared and executed.

Attorney Thompson states, “One of the biggest mistakes people make is thinking that they can handle their estate planning on their own. However, without the guidance of an experienced attorney, there is a high risk of making errors or overlooking important details.”

Furthermore, the lawyer says that If an individual becomes incapacitated without having an estate plan in place, there are various potential outcomes. If the person is in a coma or otherwise incapable of making decisions, the state will appoint someone to make healthcare choices for them. The burden of deciding whether or not to continue life support and bear the associated expenses often falls on the family.

It is a common desire to be present for one’s children as they mature, but unforeseeable circumstances may arise. It is, therefore, essential to prepare for such circumstances and safeguard one’s children. In the absence of a will, a judge will make the decision on who will care for the children, leading to an anxious and unclear situation. By creating a will, it is feasible to appoint a dependable guardian who will take charge of the children’s welfare until they attain the age of majority.

The article also touches on the consequences of not having an estate plan in place, including family disputes, high legal fees, and lengthy court battles. Houston Estate Probate Lawyer Whitney L. Thompson emphasizes that having a well-prepared estate plan can save families time, money, and emotional distress during an already difficult time.

Attorney Whitney L. Thompson’s article stresses the importance of estate planning and the risks of not having one. The article serves as a reminder that estate planning is not just for the wealthy but for anyone who wants to ensure their assets are distributed as they wish and their loved ones are taken care of.

About The Law Office of Whitney L. 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-probate-lawyer-whitney-l-thompson-releases-new-article-on-estate-planning/