Who needs an Estate Plan?
Virtually everyone that owns anything whether personal property (household and sentimental items, vehicles, digital) or real property, investments, bank accounts, etc. Regardless of the financial value of your tangible assets, if you want to determine who should receive your assets upon your death, you need an Estate Plan. If you fail to establish an Estate Plan prior to your death, the State of Texas will determine how to distribute your assets! Particularly in the case of a blended family, the results of the State of Texas Descent and Distribution may SURPRISE you and may not be what you and your family want.
What is an “Estate Plan”?
An estate plan at Bulgawicz Law Firm is designed to meet your family’s unique goals. Therefore, we invite you to attend a complimentary Estate Planning 101 Workshop. These Workshops are scheduled every few weeks both during the day and in the evening. Check out our Calendar of Events (make this a link directly to our calendar) for a date and time that works for you. Call us and reserve your seats TODAY.
After attending the Estate Planning 101 Workshop, we schedule you for a complimentary hour and a half consult with an estate planning attorney, to discuss creating an estate plan that will meet your family’s goals. At the conclusion of your complimentary appointment, our estate planning attorney will present you with flat fee options that will best meet your estate planning goals.
What may be included in an Estate Planning Package at Bulgawicz Law Firm?
We have packages that will include the following:
Last Will and Testament –
The terms of each Will may be very different depending on your estate planning goals. However, this document allows you to determine how and when your assets will be distributed. This document also allows you to determine who will be responsible for ensuring your wishes, as outlined in your Will, will be carried out. The person you name is called your “Executor.”
Statutory Durable Power of Attorney –
This document allows you to designate a person (“agent”) to act in your financial best interest and can become effective immediately OR only upon your disability. You do not give up your rights to manage your assets. You are simply designating an agent to act for you if you no longer can act or if you do not want to act.
Medical Power of Attorney
This document allows you to designate a person (“agent”) to make your medical decision ONLY upon your incapacity. So long as you are able to make your own medical decisions, you do.
HIPAA Release and Authorization
This document complies with federal law regarding protecting the privacy of your medical information. In this document, you list the individuals that you are willing to obtain your medical information. No one listed on this document makes any medical decisions for you. They are only allowed to speak with your healthcare providers.
Directive to Physicians
This document is also referred to as a “Living Will.” In this document, you make decisions, in specific circumstances, about your end of life care. This document may be the most loving document you can execute for your family. No one will have the authority to override your previously made end of life decisions and it relieves your family members of being forced to make end of life choices for you.
In addition to this most basic list of documents, you will learn at our Estate Planning 101 Workshop about Lifetime Trusts, Supplemental Needs Trusts, Contingent Trusts, Revocable Living Trusts and how to avoid Guardianships and Probate.
CALL US TODAY AND RESERVE YOUR SEAT AT OUR
ESTATE PLANNING WORKSHOP 101
(713) 429-1388
Calendar of Events