Texas Estate Planning and Wealth Transfer Lawyers

We provide a complete range of estate planning advice and services. Our experience and capabilities extend far beyond the writing of a will or the drafting of an advance medical directive. We serve the needs of high-asset individuals, small-business owners, and other people needing sophisticated estate planning and asset protection solutions. All of our elder law attorneys are members of the National Academy of Elder Law Attorneys and work with our Senior Care Planner and Medicaid/VA Eligibility Advisor, John Wessler.

Call our estate planning attorneys at (254) 732-2242 for a free consultation.

Our estate planning attorneys can address these and other estate matters:

  • Estate planning for high-net-worth individuals and families
  • Tax minimization strategies
  • Asset protection and risk management measures
  • Trust creation and administration
  • Business succession planning
  • Elder law services and Medicaid planning
  • Probate and estate administration
  • Other estate law matters

Developing A Tailor-Made Estate Plan

After working hard to accumulate your assets, you can use them to do the things you want for yourself and those around you. Very few things are as rewarding as knowing that you have managed your wealth in a way that will allow it to keep giving to the people and causes you care about long after you are gone. 

You can establish an ongoing legacy by taking the right steps now. Your family and financial situation are unique. With that in mind, our attorneys will take the time to understand you and your needs. We will listen carefully as you discuss your long-term goals, your values, and your hopes for your family and then develop an estate plan and documents designed to help you achieve your goals.

Reasons to Estate Plan

Creating a personalized plan for your estate can allow your family to grieve when the time comes without having to struggle with the complications of your estate. Doing the work ahead of time may help your family avoid stress, anxiety, and animosity.  The ability to share your assets with the people you care most for and to be able to support the charities that are meaningful to you is a true gift. 

It is important to realize that an estate plan is not a one-time event. Most estate planners suggest you revisit your plan every three years or when there is a significant life change. When you experience the following, it is vital to reevaluate your estate plan: 

  • Marriage or divorce
  • Birth of children or grandchildren
  • Major career changes
  • When there is a death in your family, especially if they were listed among your beneficiaries
  • Retirement
  • Health issues may require a closer look at how your care will be administered 
  • Fluctuations in your investment portfolio
  • Involvement with charitable institutions
  • Changes in tax laws that might affect your estate

To meaningfully plan your estate and how your assets will eventually change hands, it is helpful to seek the sound advice offered by a member of the experienced legal team of Cherry Johnson Siegmund James in Waco, Texas. 

Texas Business Succession Planning

Cherry Johnson Siegmund James has extensive experience helping business owners in Central Texas area make and execute business succession plans. As experienced business law attorneys, we understand the financial, managerial and operational challenges involved in transitioning a business to a new owner and how to craft effective succession plans. We work together with your tax accountant, insurance agent, investment advisor and other financial professionals to create a plan that represents the best fit for the particular business.

You have spent your life building your business, and it represents a significant financial and emotional investment. Let us help you plan for a successful transition so that your business can continue to prosper and provide a source of employment for your loyal employees.

We are ready to help you devise a strategy to pass the leadership roles in your company to the employees or group of employees you feel most deserve and will allow your business to continue to prosper. By planning for succession, your business can avoid interruption. 

As time goes by, people within your company will be promoted or will move on to other opportunities. It is important to note how this will affect your design succession plan. Periodically, sit down with your estate planning and wealth transfer attorney to discuss any changes you may see fit to make. 

A Succession Plan That Enables All Employees to Succeed

By planning ahead, you can not only transfer the management positions, but you can also implement promotions and advances for everyone in the company. Sometimes, these are the people who helped to build successful companies. A careful plan will provide opportunities for employees other than executive positions to find validation and success. Let us analyze your business and see how we can help you reach your succession goals. 

If inclusivity matters to you, succession planning is the time to make a robust plan to diversify your workforce. Planning and utilizing recruitment policies and training programs provide opportunities to do good in the world through your business long after you are no longer at the helm.

Thinking ahead means training employees to develop their skills with succession planning in mind. It gives you a deliberate plan for focusing education and training for your staff. Planning ahead is helpful in the future, but emergencies happen, it is crucial to outline how things should proceed if something unexpected arises. 

Efficient And Cost-Effective Probate Administration Services

Our law firm provides probate and estate administration services for executors of Texas estates living in Texas and elsewhere. For a reasonable fee, our lawyers can handle all aspects of the process. Our goal when serving you will be to complete the process as quickly and efficiently as possible, so the estate’s assets can be distributed to the beneficiaries of the estate.

The talented legal minds with Cherry Johnson Siegmund James aim to make planning your estate as effective and painless as possible, and we will be here to implement changes as necessary when you see fit. For a consultation, call (254) 732-2242 today or fill out our contact form.