The Future Is Unpredictable. Estate Planning Prepares You For It.
Without legal arrangements in place, thinking about the future can be overwhelming. How will you protect your finances? Provide for your family? Establish a solid legacy? Creating an estate plan can help people in the Galveston area feel more in control of their futures. Attorney Patricia Cantu helps members of her community make tailored legal arrangements that accomplish their unique goals.
Everyone Should Have An Estate Plan
Many people think that estate planning is something only the ultra-wealthy and older folks need to bother with. But the truth is, everyone can benefit from having an estate plan. Everyone has some assets, property, or family members they’d like to protect. Even in the rare case that they don’t have any of these things, they can still create a basic will and an advance health care directive to ensure their wishes will be honored when they pass away.
What Should An Estate Plan Include?
There are a handful of legal tools that estate plans are usually comprised of:
- Powers of attorney
- Advance health care directives
There are several variations of some of these options, including wills and trusts. Attorney Cantu can help you choose these options further and find the right ones for your unique circumstances and needs.
Estate Plans Need To Be Updated Periodically
Once you create an estate plan, it isn’t set in stone. This is actually to your advantage because your circumstances could change, and it may be necessary to make changes to your arrangements.
It’s a good idea to revisit your estate plan at least every five years or in the event of the following things:
- The birth of a child or grandchild
- A substantial change in your assets, property, or financial situation
- A change in tax laws
When you create an estate plan with attorney Cantu, she’ll make sure your estate plan stays updated and effective. Even if you didn’t use her services to create your estate plan, she can review it and update your arrangements so they work for your current situation and needs.