San Antonio Estate Planning Attorney
Bexar County Estate Planning Lawyer for Wills, Trusts, and Powers of Attorney
Planning for the future is important for every person and family. By considering the assets they own, the needs of different family members, and how matters should be handled after a person's death, a family can create a comprehensive estate plan that will offer peace of mind for everyone involved. Estate planning can address multiple issues that may affect family members in many ways. By working with a skilled and experienced attorney, a family can ensure that they have the proper plans in place to meet their needs in the future.
Geoff Mayfield, Attorney at Law provides legal help to individuals and families during the estate planning process, ensuring that they are prepared to address the challenges they may face. With over 15 years of legal experience, Geoff provides his clients with an understanding of the tools that are available to them and the strategies they can use to protect their assets and provide for the needs of themselves and their loved ones. He works to ensure that families have plans in place to address what will happen after a person's death while also providing a person with the necessary financial resources throughout their lifetime.
Tools Available in a Comprehensive Estate Plan
When creating an estate plan, families can address the assets they own and make decisions about how money or property should be used to provide for different family members. An estate plan can also address how certain issues will be handled during a person's lifetime, making sure their financial needs will be provided for and that they will receive the proper medical care. Families may use multiple different tools when creating an estate plan, including:
- Wills - Everyone should have a last will and testament that details their decisions about how matters should be handled after their death. A will can provide instructions for the distribution of a person's assets to their heirs, and it can also be used to choose a person who will serve as the guardian of minor children following the death of their parents.
- Trusts - These financial agreements can be used to safeguard assets and distribute them to beneficiaries. Ownership of assets will be transferred to the trust itself, and a trustee will be provided with instructions for how these assets will be used, including to provide for a person's needs while they are alive or to be distributed to their heirs after their death. Depending on a family's needs, revocable living trusts, special needs trusts, or other types of trusts may be used.
- Powers of attorney - To ensure that their wishes will be followed correctly, a person may create an agreement giving someone else the authority to make decisions about their medical care or finances. A durable power of attorney will remain in effect if a person becomes incapacitated and cannot make decisions for themselves. When creating this type of agreement, a person can specify the types of decisions that can or cannot be made, while also providing instructions about how certain issues should be handled.
- Advance medical directives - A person may create a living will or use other legal documents to address the types of medical care they want to receive as they approach the end of their life. This will ensure that a person's wishes will be followed if they become incapacitated or cannot communicate their desires to others.
Contact Our San Antonio Estate Planning Lawyer
Attorney Geoff Mayfield can help you and your family create a comprehensive estate plan that will meet your needs. He will explain your rights and options and advise you on the tools that will be appropriate in your situation. To set up a free consultation, contact our office at 210-535-0870. We help clients address issues related to estate planning in San Antonio, Bexar County, Comal County, Wilson County, Hondo, New Braunfels, Laredo, Seguin, Kerrville, San Marcos, Boerne, Del Rio, Guadalupe County, Atascosa County, Frio County, Medina County, Kendall County, and Blanco County.