Richard M. Barron
attorney at law
Helping your loved one
Get the nursing home
care they deserve,
while legally protecting
your Family's assets.
Planning
Documents
Advanced Planning
These are instruments declaring your instructions in the
event you become incapacitated
Living Will- Also known as a directive to physicians
and
family surrogates, this document clearly express to your
doctor
and others your wishes regarding the use of
life-sustaining
medical procedures when death is imminent.
Medical Power of Attorney- A medical power of
attorney
for health care authorizes the person you name to
make health
care decisions for you in the event you are
unable to make them.
Power of Attorney for Property and Finances- A
durable power of attorney for property and finance
authorizes the
person you name to handle your financial
affairs when you are
incapable of doing so.
Declaration of Guardian in the Event of Incapacity-
This instrument designates the person you would like to
have
appointed as your guardian if guardianship is
unavoidable. It can
also be used to prevent the
appointment of a certain person.
Wills and Trusts- Your peace of mind is the goal when
we
work
together to plan your estate. Peace of mind means
obtaining
legal instruments designed to distribute
your property according
to your wishes with the least
possible taxes, expenses and delay
that can be achieved in
your circumstances.
Here are some of the estate
planning tools we use:
Simple Wills- A typical disposition of a moderately
sized estate
can usually be handled with a simple will. Evan
a person with a
small estate can benefit greatly from having
a will.
Complex Wills- If you need tax planning, or if
you have
particular needs or circumstances to be addressed,
we can draft a
will that is right for you, including, as
appropriate, bypass trusts,
disclaimer trusts, contingent
trusts and special needs trusts.
Additionally, your
estate, if large enough may justify the need for
family
limited partnerships, life insurance trust or a regular
gifting
plan to take advantage of the annual gift tax
exclusion.
Living Trusts- The living trust can be a valuable
estate
planning tool for a client in an appropriate
situation.
Special Needs Trust- The special needs trust allows
individuals to give assets to individuals, either during
their lifetime
or at their death through their will, without
causing those assets to
make the beneficiary ineligible for
Medicaid benefits. This type of
trust allows the
person to have many of the "extras" that the
government will not otherwise
pay.
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Legal Disclaimer
This information
has been provided for informational purposes only. It
does not constitute legal advice.
The receipt of
this information does not establish an attorney-client
privilege.
Proper legal
advice can only be given upon consideration of all the
relevant facts and the law.
Therefore, you
should not act upon any information contained herein without
seeking
appropriate
legal counsel.
Richard M. Barron
Attorney at Law
209 E. Main Street
Whitesboro, Texas 76273
903-564-3663, 800-939-9093
Fax - 903-564-5562
e-mail -
[email protected]
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