We get it – estate planning with a law firm is something reserved for people in near-retirement age at the youngest. Except, this statement isn’t true at all! In fact, the legal age in Texas to write a will is 18! At Fryer and Hansen, we understand the reservations young people have about planning their estate at such a young age. However, there’s a big chance the things you’ve heard about the process are not as correct as you think.
More Than a Will
You’ve probably heard you only really need a will when it comes to estate planning. However, this isn’t necessarily the case. You see, people have different types of assets and come from different types of situations that may warrant different estate planning options. These include:
- Deeds to pass your land to someone else
- Power of attorney to allow someone you trust to take medical and financial decisions on your behalf
- Trusts to distribute your assets
Relationship Status Doesn’t Matter
Whether you’re married, divorced, or single, you can benefit from planning your estate with our Fryer Law Firm! In fact, if you’re young and single, you can create the plan as you see fit and adjust it as your life begins to change!
Broke? It Doesn’t Matter!
There’s a big misconception that you’re only allowed to write a will if you’re wealthy. Makes sense, right? After all, what possessions can you possibly distribute to your loved ones if you’re not financially well-off? The thing is, it’s not all about money. That project car you’ve been trying your best to complete? It’s property. That set of golf clubs you never got around to using? Also property!
Connect with our Fryer Law Firm
Your reservations about estate planning are valid and understandable. However, they’re not exactly based on factual information! At Fryer and Hansen, we want to set the record straight and help you through your estate planning process. Let’s connect about how we can help you today! Contact us in McAllen for more information about our services.