A Transfer on Death (TOD) deed allows property to pass directly to beneficiaries without probate. While it offers simplicity and cost savings, it may not always align with an estate plan. Consulting an estate planning attorney ensures a TOD deed fits your goals and avoids potential legal complications for your heirs.
Estate planning isn't about focusing on your demise; it's about taking control and making decisions that ensure that you and your loved ones are cared for. Estate planning is the ultimate act of love.
When a beneficiary dies before receiving their inheritance, estate distribution can become more complicated. Understanding succession rules, will provisions, and probate laws ensures that assets are transferred as intended.
By organizing your assets, preparing essential documents, and working with McCammon Law in Boerne, you can make the probate process as smooth as possible for your heirs.
What should you do if your parents have asked you to help manage their estate plan, but they refuse to tell you what their estate plan is—or to answer any of your questions?
A revocable living trust offers flexibility, including the ability to change trustees as circumstances evolve. An estate planning attorney helps ensure a seamless transition, protecting your intentions and safeguarding beneficiaries from potential conflicts.