Top Argyle, TX Revocable Trust Lawyers Near You
Our Law Firm Is Uniquely Equipped to Handle High Level, Complex Estate Tax Law & Estate Issues as Well as Simple Wills and Trust
601 West Abram Street, Arlington, TX 76010
2351 W Northwest Hwy, Dallas, TX 75220
PO Box 105, Krum, TX 76249
600 E. Las Colinas, Suite 1300, Irving, TX 75039
300 Crescent Court, Suite 400, Dallas, TX 75201
3301 Elm St, Dallas, TX 75226-1637
2121 N. Pearl Street, Suite 900, Dallas, TX 75201
1205 North Main Street, Fort Worth, TX 76102
3030 Matlock Rd., Suite 201, Arlington, TX 76015
3309 Elm St, Ste 360, Dallas, TX 75226
5565 Deer Creek Dr, Dallas, TX 75228
17304 Preston Road, Dallas, TX 75252
5900 South Lake Forest Drive, Suite 300, McKinney, TX 75070
2626 Cole Ave, Suite 600, Dallas, TX 75204
1301 Ouster Rd, Suite 352-3055, Plano, TX 75075
3930 McKinney Avenue, Suite 161, Dallas, TX 75204-2038
7300 State Hwy 121, Suite 300, McKinney, TX 75070
1420 W Exchange Pkwy, Suite 180, Allen, TX 75013-4770
2801 Network Blvd, Suite 300, Frisco, TX 75034
901 Main Street, Suite 4350, Dallas, TX 75202
1400 Preston Rd, Suite 400, Plano, TX 75093
1517 Centre Pl Dr, Suite 250, Denton, TX 76205
3131 McKinney Avenue, Suite 500, Dallas, TX 75204
12222 Merit Drive, Suite 1400, Dallas, TX 75251
5601 Bridge Street, Suite 300, Fort Worth, TX 76112
Argyle Revocable Trust Information
Lead Counsel Verified Attorneys in Argyle
Lead Counsel independently verifies Revocable Trust attorneys in Argyle and checks their standing with Texas bar associations.
Our Verification Process and Criteria
Ample Experience
Attorneys must meet stringent qualifications and prove they practice in the area of law they’re verified in.
Good Standing
Be in good standing with their bar associations and maintain a clean disciplinary record.
Annual Review
Submit to an annual review to retain their Lead Counsel Verified status.
Client Commitment
Pledge to follow the highest quality client service and ethical standards.
What Is a Revocable Trust?
Living trusts are generally set up as revocable or irrevocable. With a revocable trust, the grantor can make changes to the trust during their lifetime. Generally, the grantor can use the assets during their life but still set aside money to provide for their loved ones when they die. However, a revocable trust does not have the same tax and limited asset benefits as irrevocable trusts.
What Are Some Examples of Situations Where I Might Need a Trust and Estates Lawyer?
Most people think of a trust as something they only need to consider when they pass away. However, a trust can be something you can benefit from during your life and provide for your family after death. Trust planning can help manage property and assets, gain tax advantages, and avoid probate. You should consider a trust when you:
- Have significant financial assets or property
- Have family members with special needs
- Want to distribute assets to charitable groups or religious organizations
- Want to protect your privacy
- Need to preserve assets for minor children
- Have major life changes
How Can a Trust Lawyer Help Me?
An experienced lawyer can give you the backing you need to navigate the legal system and find the best possible results for your case. Because laws are different from state to state, speaking with a lawyer in Texas is critical in understanding all the elements of your situation and making the best decisions when it comes to your estate planning. A trust lawyer can help with:
- Trust creation
- Asset management and protection
- Estate planning
- Trust administration
- Modification or termination of your trust
- Trust disputes and litigation
What Could Happen if I Don’t Hire a Trust Lawyer?
If you don’t hire a trust lawyer, your assets will pass under Texas probate laws. Probate can tie up your assets for months or years. If your beneficiaries are fighting over the assets, it can take longer and cost your estate money. With a trust, the property can pass outside of probate. You can also have more control over what happens to your estate after death. If you don’t have a trust, your loved ones may have to deal with:
- Estate taxes
- Delays in probate
- Fighting legal challenges over assets and property
- Property passing through intestacy
What Are the Top Questions When Choosing a Trust Lawyer in Argyle?
These questions can help you decide if you feel confident that a lawyer has the qualifications, experience, and ability to manage your trust case. Many trust and estate lawyers offer consultations that allow you to understand your options and get specific legal advice before hiring them. The top questions to ask include:
- What type of trust is most suitable for my situation?
- What are the benefits and drawbacks of creating a trust?
- How can a trust be used to address my specific concerns or goals?
- What is the process for creating and funding a trust?
- How will the trust be administered?
- What are the potential tax implications associated with a trust?
- How much will all of this cost?
Tips for Hiring a Trusts Lawyer
Taking the time to find a lawyer who is right for you and will represent your best interests is an important first step in protecting your finances. Find a lawyer who understands your case, knows your needs and goals, and has the experience to get the best outcome. Things to do:
- Ask for recommendations
- Research lawyers online
- Schedule consultations
- Review experience and expertise
- Talk about billing and fees
- Trust your instincts