A: Now. It is never too early to think about the future and what you are leaving behind for your loved ones. But it can quickly and unexpectedly become too late.
A: What estate planning documents you need will depend on your financial situation, the complexity of your goals, and what special provisions and instructions you wish to include. If you want your family to avoid the burdens of probate, however, a living trust will be necessary.
A: Your business is part of your legacy, and that means that unless you take steps to plan ahead and work with an attorney on a succession plan, you will have very little say in how it is run after you pass on.
On the other hand, if you place it in a trust or make other succession arrangements, it and your legacy will carry on under your direction for generations.
Call Now at (979) 300-6771