Wills & Trust
Wills & Trust
Why do you need a Will?
- Saves your family time, money and frustration
- Create a plan to take care of your minor children
- Your property is given to those you choose to have it
It is important to have the ability to have a voice in who will get your property after you die instead of allowing Texas law to dictate the division of your property. Further, if you have children, estate planning will provide you comfort in knowing your children will be taken care of by the best person you feel can love and care for them.
You may also choose to incorporate a Trust into your estate plan. Our office assists individuals who are interested in a Revocable Living Trust. If you are looking to try to avoid the probate process, a trust may be a good option for you. However, a comprehensive estate plan would be needed so that settling your estate will be an easier process.
Understanding Wills & Trusts in Texas
Estate planning is one of the most important steps you can take to protect your family and your future. A properly prepared will or trust allows you to make decisions about your property, your loved ones, and your legacy instead of leaving those decisions to Texas law.
Whether you are creating your first estate plan or updating an existing one, having the proper legal documents in place can help reduce confusion, minimize family disputes, and provide peace of mind. Every person’s circumstances are different, which is why estate planning should be tailored to meet your individual needs and goals.
The Law Offices of Rita C. Dixon PLLC assists individuals and families throughout North Texas with wills, trusts, and comprehensive estate planning designed to protect what matters most.
What Is the Difference Between a Will and a Trust?
Although wills and trusts are both important estate planning tools, they serve different purposes.
- A Last Will and Testament allows you to determine who will receive your property after your death and appoint an executor to administer your estate, and can also have a guardian for your minor children.
- A Revocable Living Trust allows certain assets to be managed during your lifetime and transferred according to your wishes. Depending on your circumstances, a trust may help simplify the transfer of assets and reduce the need for probate on property owned by the trust.
Our office can explain the advantages of each option and help you determine whether a will, a trust, or both are appropriate for your estate plan.
Benefits of Estate Planning
A comprehensive estate plan offers many important benefits, including:
- Protecting your loved ones
- Providing for minor children
- Naming the people who will receive your property
- Helping reduce family disagreements
- Simplifying the administration of your estate
- Protecting certain assets
- Providing peace of mind for you and your family
Estate planning is not only for individuals with substantial wealth. Anyone who owns property, has children, or wants control over how their affairs are handled can benefit from having an estate plan.
Why Choose The Law Offices of Rita C. Dixon PLLC?
Estate planning should reflect your personal wishes and your family’s unique circumstances. Our office provides compassionate legal guidance while helping clients prepare wills, Revocable Living Trusts, and other estate planning documents that comply with Texas law.
We assist clients with:
- Wills
- Revocable Living Trusts
- Estate planning
- Probate planning
- Guardian designations for minor children
- Estate planning consultations
Our goal is to help you create a comprehensive estate plan that protects your family, your assets, and your future while giving you confidence that your wishes will be honored.
Serving Families Throughout North Texas
The Law Offices of Rita C. Dixon PLLC proudly represents families throughout Collin County, Dallas County, Denton and Tarrant Counties. The firm also represents clients in Plano, Frisco, McKinney, Allen, Richardson and in other surrounding North Texas communities with wills, trusts, and estate planning. Whether you are preparing your first will or updating an existing estate plan, we are here to provide experienced legal guidance every step of the way.
Frequently Asked Questions
Do I need a will if I do not have many assets?
Yes. A will allows you to determine who will receive your property and appoint an executor, and can also designate guardians for your minor children regardless of the size of your estate.
What is the difference between a will and a trust?
A will directs how your property is distributed after your death, while a trust can manage assets during your lifetime and after your death according to the terms you establish. Our office can help determine which option best fits your estate planning goals.
Schedule a Consultation
Whether you are interested in preparing a will, creating a Revocable Living Trust, or developing a comprehensive estate plan, The Law Offices of Rita C. Dixon PLLC is here to help.
Contact our office today to schedule a confidential consultation and learn how proper estate planning can help protect your family, your assets, and your future. You can schedule a consultation online or call us at (817) 768-6333.