PROTECT YOUR LOVED ONES AND PLAN AHEAD
SCHEDULE A FAMILY ESTATE PLANNING CONSULTATION IN CLEAR LAKE, TX
You will be doing your loved ones a favor by planning in advance how you want your financial affairs to be managed, and the type of medical care you want to receive, if you should become incapacitated or terminally ill. Without planning, those decisions may require court proceedings that can be expensive, time consuming, and stressful for family members.
Additionally, if you have minor children, designating the person(s) who will care for your child(ren) in the unfortunate event that you are not longer able to is extremely important. During our Family Estate Planning Session we will make sure all your affairs are in order so that your loved ones (young and old) are taken care of. GP Schoemakers, PLLC will walk you through the planning process and make sure your family is taken care the way you planned and that your assets are distributed properly, per your wishes.
PLAN FOR EVERYONE AND EVERYTHING
Making sure you know what is going to happen to your loved ones and money after you’re gone is important. It is the biggest gift you can leave your loved ones. During the family estate planning process at GP Schoemakers, PLLC, our estate planning attorney Grace Schoemakers will guide you gently through the process of estate planning, she will address all your concerns about your family, your future, and the future of your loved ones. She will make sure you understand your options, and that you can make well-informed decisions, because we really believing in helping you protect yourself, your family and your future.
Call us today or fill out or contact form on our website to sit down with Attorney Grace Schoemakers and start the design of your family estate plan that suits the needs of yourself and family.
Contact the Law Offices of GP Schoemakers, PLLC today to arrange a consultation with a honest, compassionate and well-informed Estate Planning Lawyer in Clear Lake, Texas.
INCAPACITY PLANNING IS ONE OF THE MOST OVERLOOKED AREAS OF ESTATE PLANNING
You are not alone when you find it difficult to accept that we may lose the mental capacity to make our own decisions. Yet, statistics tell us, one day it will happen to most of us! Having a Durable Power of Attorney, HIPAA Authorization, and an Durable Health Care Power of Attorney in place is one of the best things you can do for your loved ones.
Not only will it protect your loved ones from having to go through expensive, time consuming and stressful court proceedings, you will protect yourself enduring financial or health decisions made on your behalf by someone you would never have trusted to make them in the first place!
With an incapacity plan in place, financial decisions will be made by your designated agent under a Durable Power of Attorney. Health care decisions will be made on your behalf by your designated agent under a Durable Health Care Power of Attorney. Your agent will be able to make informed medical decisions because he or she will be legally entitled to your health records through the HIPAA Authorization. If your condition requires artificial life support, your health care providers will be obligated to follow the medical treatment decisions outlined in your Living Will / Advance Directive.
With no planning, a judge – not you – will designate the person to perform activities on your behalf, and your family will be left with the difficult choices regarding your health care. The court process will require additional time and expense, and further stress your loved ones.
Life and disability insurance are also key components of an overall plan. While disability coverage is often overlooked by self-employed individuals, it can preserve your estate if you are unable to work for an extended period of time due to a disability. Life insurance proceeds are typically exempt from income taxes, and can be structured in ways to also avoid estate and gift taxes. This makes life insurance an attractive wealth building and transfer strategy in addition to making funds will be available upon death of the insured.
Don’t delay any longer. Call our office today at (832) 408-0505.