Plan Your Estate in 2024 with Estate Planning Lawyers in McAllen

What new changes will you be working toward in 2024? A healthier lifestyle? Financial security? What about your family’s future? Estate planning should be a crucial part of your new year, and you should start preparing now. At Fryer and Hansen of McAllen, we want to help you understand the ins and outs of estate planning and why it should be a priority as the new year rolls around. 

Reasons to Prioritize Estate Planning in 2024

When you plan your estate with an estate planning attorney, you’re preparing for the distribution of your assets and properties after your passing. Estate planning includes various legal documents and strategies, such as wills, trusts, power of attorney, etc. These ensure that your wishes are carried out, and your loved ones are protected. Here are some reasons why you should begin the process in 2024:

  • Protect Your Family: If you don’t have a plan, your assets may be distributed under the state’s rules, which may not align with your overall intentions. Our estate planning lawyers in McAllen can help you create a comprehensive plan that ensures your loved ones are cared for.
  • Avoid Probate Delays: When you begin your estate planning process, you can designate your beneficiaries. This can help expedite the distribution of assets and allow your loved ones to receive their inheritance quickly and more efficiently. 
  • Healthcare and Financial Decisions: If you are to fall ill and cannot make medical or financial decisions on your own, the estate planning process allows you to assign a healthcare proxy or power of attorney to someone you trust. This person can ensure your wishes are respected even when you cannot communicate them.
  • Guardianship: Estate planning lets you designate a guardian to your minor children, ensuring their well-being and stability if something happens to you. 
  • Business Succession: If you have a business in McAllen, an estate plan can determine its future as you wish it to be. Through this process, you can help ensure a smooth transition, decrease disputes, and safeguard your legacy. 

Contact our Estate Planning Lawyers in McAllen

At Fryer and Hansen, our estate planning lawyers in McAllen deeply understand the unique needs and challenges families in Texas face. Whether you want to prioritize your family’s well-being or business legacy, we will help you in 2024. Contact us today to learn more about our estate planning services or book an appointment.

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