Estate Planning in Plano, TX

Estate planning is the process of anticipating and arranging for the disposal of an individual’s estate in the event of their incapacitation or death. It involves the creation of legal documents, such as wills, trusts, and powers of attorney, that outline the distribution of assets, the management of property, and the care of any dependents or beneficiaries. Estate planning aims to minimize potential conflicts and legal complications, reduce estate taxes, and ensure that an individual’s wishes are carried out according to their preferences. It is an essential process for anyone with significant assets, minor children, or specific desires regarding the distribution of their estate.