Estate Planning After A Major Life Event
Many people make the mistake of thinking that writing a will or setting up a trust is all the estate planning they need. The truth is, if you don’t update your will or address special concerns after a major event such as divorce, remarriage or death of a spouse, you are setting your family up for a probate problem upon your death. As things change in your life, they should change in your legal documents, as well.
If it is time to make a change to your estate planning strategies — even if you only need to rewrite your will — call Livens & Reed, PLLC. We are a leading law firm offering services for estate planning after a major life event in Texas.
With two offices to serve you better, our attorneys and staff provide comprehensive estate preservation, asset protection and Medicaid planning services for clients in the Dallas-Fort Worth Metroplex area and communities throughout North Texas. Call us toll-free at 817-650-0178, or contact our offices by email to arrange a free initial consultation with an experienced Dallas estate planning lawyer today.
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The Importance Of Keeping Up-To-Date On Your Estate Plan
Some of the most common reasons for updating a will or terms of a trust include:
- Divorce: We can make sure your children remain an important part of your estate planning goals while protecting your personal assets from your ex-spouse and relatives.
- Remarriage: Let us show you how to craft an estate planning and asset preservation strategy that takes into account your stepchildren and extended family members related to your new spouse.
- Death of a spouse: Most married couples leave their assets to their surviving spouse. If your spouse has passed away, it is important to update your will to specifically name your beneficiaries.
- Death or incapacitation of child or other named heir: If you have lost your son or daughter to an early death, you will need to change your will to name a new beneficiary of your estate.
- Adult child’s divorce or remarriage: If you have named your adult children in your will, make sure their ex-spouses or stepchildren can’t claim access to the inheritance.
- Grandchildren: Your existing will may not list your specific wishes regarding passing down assets to grandchildren. An updated will can name each grandchild by name or place conditions for equal distribution among all grandchildren and great grandchildren.
We have earned a reputation for integrity, backed by exceptional client service and responsive communication. You will find our fee structure competitive and our billing policies clear and fair. From wherever you are in North Texas, call us toll-free at 817-650-0178 to discuss your circumstances. You may also use our convenient contact email form to arrange a free initial consultation at one of our two convenient office locations in Bedford and Addison. Se Habla Español.
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Hear From Our Past Clients
Don’t just take our word, see what the people we’ve helped have to say.
Posted on Randy GrosenbachTrustindex verifies that the original source of the review is Google. Very helpful knowledgeable concering someone going into a Nursing home needing medicaid approval. They came highly recommended and now so will we highly recommend them.Posted on Rick LewellynTrustindex verifies that the original source of the review is Google. We engaged Livens & Reed to create a Supplemental Needs Trust for our adult special needs daughter, to ensure her financial needs were met but also done in a way to not disqualify her for Texas Medicaid benefits she currently receives. Shawn Crawford was excellent, along with Caleigh and Angie: very thorough, explaining every aspect and legalese in layman's terms, in a timely manner and what we thought was a very reasonable fee. We also consulted with Chad Reed on our aging parent's needs and what steps we might follow to have them qualify for Medicaid, when the time and need arises. Very friendly, spent all the time we needed with us during our free consultation. Highly recommend this law firm for anyone considering Trusts, Medicaid qualifications, and elder care. Thank you Livens & Reed!Posted on The Killian GroupTrustindex verifies that the original source of the review is Google. Fantastic law firm for all your needs. They helped my family set up our estate and will. Thank you so much.Posted on Rick SullivanTrustindex verifies that the original source of the review is Google. Nicole did a fantastic job walking me through the Medicaid process for my mom. She answered all my questions with kindness & respect keeping all parties in mind that were involved with the process.Posted on Kelly FincherTrustindex verifies that the original source of the review is Google. Wished we called sooner! Recommend highly!!Posted on Nancy KingTrustindex verifies that the original source of the review is Google. The legal team at Livens & Reed has proved to be nothing short of exceptional. From Chad Reed, Nicole Landrum and finally, today, Shawn Crawford. Talking about a dream team, I feel very fortunate and comforted knowing I have the right people on my side. Thank you for your warmth and professionalism! It’s reassuring to know our legal needs are in great hands. If I could rate higher than 5 stars I absolutely would.Posted on Julie RobinsonTrustindex verifies that the original source of the review is Google. We were very satisfied. We were well take care of. They are very professional and did a great job for us.Posted on Erika KoneckTrustindex verifies that the original source of the review is Google. I worked with Livens & Reed on a medicaid situation for my 93 year old mom. The paperwork, rules, timeline, can be stressful and intimidating at times, but Mehan Barbre & Nicole L. Harkins walked me through the paperwork, and doctuments that we needed and told me what to do and in the end sucess ! Thank you , again ! Erika Koneck