Need an Probate, Living Trust, Wills & Estate Planning Attorney in McKinney, TX?
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Professional Estate Planning For Your Protection
Many people may believe estate planning is only for the wealthy or people with substantial assets to leave behind. However, anyone with family members that depend on them needs estate planning. Estate planning includes dispersing your personal property and assets to your heirs and providing for the guardianship of minor children or infirm adults for whom you are a caregiver. Estate planning protects you should you become incapacitated through legal documents that ensure your healthcare wishes are followed or ensure that your preferred representative administers your business operations.
Krupa Downs Law, an estate planning attorney in Mckinney, focuses on helping families create order in times of chaos, ensuring that you’re prepared and protected in case of an accident, incapacitation, or fatality. Our legal team also offers full probate administration and estate representative services.
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Estate Planning Documents in McKinney, TX
Full Probate Administration
Probate is the legal process of distributing assets after an individual has died. Probate administration services are required if someone dies intestate or without a will. Their property transfer is reviewed by a probate court, which determines how the assets are divided.
Living Wills
Living wills are also known as advance healthcare directives or advance decisions. It specifies health and medical treatment preferences for people who cannot decide for themselves.
Power of Attorney
A Power of Attorney permits another person to conduct business and legal matters and address privacy concerns when an individual cannot. Texas law allows for several types of powers of attorney, such as financial and healthcare, and is limited to a set amount of time like a deployment.
Wills
A will is a legal document distributing your assets posthumously. A will is executed only after you pass through a probate process overseen by Texas probate courts. It allows you to leave your material goods and money to anyone you wish, called an heir or a beneficiary. In a will, you also name an executor who is a representative of the estate who administers the terms of the will and protects the interests of the estate should the will be challenged.
Trusts
A trust is an alternate way to transfer assets to beneficiaries. Unlike a will, it does not require probate, which can save you and the trustee money on estate taxes. Trusts are private financial arrangements, while wills are public documents once entered into probate. Krupa Downs Law, estate planning attorney in McKinney, can help you determine which kinds of trusts best suit your needs, such as common ones like:
Charitable, Special Needs, Living, Testamentary, Life Insurance.
Why Choose Krupa Downs Law For Your Estate Planning Needs
Attorney Chris Krupa Downs writes and lectures for local and state bar associations and at legal seminars. She has the expertise necessary to represent you or your family when you need it most.
A few of the professional organizations Chris is a member of include:
- The McKinney Bar Association
- The Texas Bar College
- The Collin County Bar Association
- The State Bar of Texas’s Computer and Technology Section Council
Giving back to the community is important to our firm. Chris generously donates her time as a member at the This Side UP! Family Center. This Side UP! is a family-based parenting education organization that aids families throughout McKinney.
Areas we Serve
- Plano TX
- Frisco TX
- Allen TX
- Dallas TX
- Denton TX
- McKinney TX
- Carrollton TX
- Melissa TX
- Prosper TX
- Richardson TX
- Wylie TX
- Sachse TX
Areas we Serve
- Plano TX
- Frisco TX
- Allen TX
- Dallas TX
- Denton TX
- Melissa TX
- McKinney TX
- Carrollton TX
- Prosper TX
- Richardson TX
- Wiley TX
- Sachse TX
Krupa Downs Law Estate Planning Services in Mckinney TX
As respected and experienced estate planning attorney in McKinney, we help our clients reduce stressful estate complications after the death of a family member. We are here to support you. Krupa Downs Law is here to protect your interests whether you’re building your first estate plan or have the responsibility of being a loved one’s estate executor.