Estate Planning in Houston

Estate Planning Strategies

You know the old saying “you can’t take it with you.” However, you’ve worked hard to create your wealth and you can help determine where your assets go and have a streamlined plan in place to help ensure it happens.

Your needs for a sound legal document for the matters of your estate are essential to ensure your assets are distributed to your intended beneficiaries. Filing to have proper plans and legal documents in place could result in significant estate tax consequences based on the prevaioling years estate tax laws. You should consult with your attorney to see that all of this documentation is in place correctly.

Working in conjunction with your legal and tax advisors, we can provide you with guidance and help you develop a plan to ensure you leave the legacy you desire. Although we do not offer tax or legal advice, a few basics to consider taking care of:

• A properly constructed will that is appropriate for your type of assets and net worth.
• Beneficiary statements coordinated with your will to ensure that the will can fulfill its designed purpose.
• Custodial designation for the care of children under 18 and their assets as well as a strategy for timeline of gaining access to their wealth.

Living documents to enhance your quality of life, including but not limited to:

• Durable power of attorney
• Medical power of attorney
• Directive to physician

A second consideration in estate planning strategies is whether or not certain trusts may be necessary, depending on your particular circumstances. With proper planning, we can help determine which of these strategies best fits your needs.

AXA Advisors, AXA Network do not provide tax or legal advice. Please consult your own tax and legal advisors regarding your particular circumstances.