Lubbock Living Trust Attorneys
Consider using a living trust when planning what happens to your assets after you pass away in Texas. It's a unique way to handle your belongings and money that differs from a standard will.
If you don't plan carefully, you might cost your family a lot of money.
A living trust can be helpful because it has some good points. But it's not a perfect solution for everyone. Whether it's right for you depends on what you want to do with your things, how much you have, and seeking advice from a Lubbock Living Trust lawyer for personalized guidance.
Why Choose Our Lubbock Living Trust Attorneys for Your Needs?
Living in Lubbock offers a unique experience, from classic cowboy culture to the bustling business district, and we understand the importance of having a legal team that truly gets what you need during life's essential moments here.
Get started with our dedicated team of advocates by calling us today at (806) 531-3542.
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Hear From Our Happy Clients
At Beck Law Firm, your satisfaction is our priority! See for yourself what our clients have to say about working with us.
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The Beck Firm made setting up our wills extremely easy. What should have been a lengthy and intimidating process was made very simple. They were very thorough explaining the process and answering any questions we had.
- Trevor M. -
The Beck Law Firm is composed of a caring and kind team of legal experts who go above and beyond to understand and resolve your legal concerns. They were knowledgeable, resourceful, and efficient.
- Former Client -
Good communication all the way through the process. All of our questions were answered quickly and in a way that made a somewhat complicated process easy to understand.
- Anthony G. -
I recommend them to anyone who needs an attorney, they take care of business and they are on top of it!
- Delma D. -
Beck Law Firm helped me get two LLCs set up in no time for a great price. I will definitely be back.
- Jonathan B. -
Hands down the best law firm... in the state and in Lubbock. I highly recommend coming here for all your legal needs!
- Elijah S. -
This is a great law firm, Kristen Beck helped our family navigate the probate process for our Mom's estate. I highly recommend!
- Jeannie D. -
Kristen represented me and immediately went to work. We settled out of court. She is extremely professional, knowledgeable, and informative.
- David R.
Living Trust vs Living Will
Wills and living trusts are the most common estate planning tools, each with distinct advantages and considerations, all influenced by Texas-specific regulations.
Wills: A will is a legal document outlining how your loved ones will divide your assets upon death. It names an executor to oversee the asset distribution and allows you to appoint guardians for minor children.
One drawback is that a will must go through probate court after your death, a potentially lengthy and costly process.
Living trusts: A living trust also dictates asset distribution but while you're alive. A trustee manages these assets for eventual beneficiaries. The significant benefit of living trusts is they skip the probate process. Living trusts can be revocable (allowing changes) or irrevocable (with tax advantages but no alterations).
Texas has unique estate laws distinguishing it from other states: