Estate Planning

Waco Estate Planning Attorneys

Estate Planning is a comprehensive effort to measure the assets of an individual or married couple, consider their intentions for asset division at death, and minimize the taxes. Wacoans have chosen Dunnam & Dunnam as their counsel on important matters like these since 1925. Let us help you with your estate plan too.

Estate planning usually involves a Will that describes a person’s desire for their legacy. It also consists of trusts, family limited partnerships, annual gifts, and other tools.

Estate Planning in Waco Texas is not just drafting a will with an estate and probate attorney. Instead, it blends three separate elements:

The asset type
Desires of the person dividing the assets
Taxes

Our Waco estate planning lawyers consider all three to ensure that our client’s intentions are effective at death.

If you are seeking an estate plan, you need the skilled assistance of a trusted attorney who can give you the peace of mind that your intent is delivered after your death. Our estate planning attorneys can provide guidance and will take the time to answer your questions and keep you involved throughout the process.

Since 1925, Dunnam & Dunnam has given its individual and family clients with the benefit of experience, in-depth legal knowledge, and a commitment to providing excellent service. We take the time to understand your unique situation, answer questions, and provide options to address your specific needs.

Board-Certified Waco Probate & Estate Planning Lawyer

We customize our probate and estate planning design to address the distinct needs of our clients’ desires. We will continue to stay alert and accessible throughout our representation, answering your questions, and addressing your concerns as they arise. If you need an Estate Planning – Probate Law law firm or Estate Planning – Probate Law attorney in Waco, Texas, or Central Texas, Dunnam & Dunnam and its attorneys are here to help you. Please call one of our estate planning attorneys at 254-753-6437

Basic Estate Planning

Basic estate planning involves the preparation and review of legal documents and the furnishing of other legal advice and services, all concerning matters such as those involving:

Simple wills
Simple trusts
Non-testamentary transfers involving:
- Living trusts
- Qualified retirement plans
- Life insurance beneficiary designations
- Right of survivorship agreements
- Pay-on-death agreements
- Trust account agreements

Durable general powers of attorney
Medical powers of attorneys
HIPPA authorizations for the release of confidential medical information
Directives to physicians, commonly known as living wills
Directives for disposition of bodily remains

Advanced Estate Planning

Advanced estate planning involves the preparation and review of legal documents and the furnishing of other legal advice and services, all concerning matters such as those involving:

Complex wills
Complex trusts including
- Marital deduction trusts
- Q-Tip trusts
- Generation skipping trusts
- “Crummey” trusts
- Life insurance trusts
- Special needs trusts
- Miller trusts

Pre-marital property agreements
Post-marital property agreements
Agreements converting property from separate to community
Family limited partnerships
Family limited liability companies
Estate taxation issues
Medicare issues
Medicaid issues
Creditor protection issues
Retirement issues
Estate tax

Probate and Administration and Estate and Trust Litigation

Probate and administration and estate and trust litigation involves the preparation and review of legal documents, the resolution of disputes by negotiation, mediation, arbitration, or litigation, and the furnishing of other legal advice and services, all concerning matters such as those involving: