WILLS / TRUSTS / ESTATE PLANS
A will is a document that passes an individual's property to others at the time of death. In order to be a valid will, Texas wills must meet the requirements of Texas state law. If you die without a will, then the state law determines who will inherit your property. This determination is based on a number of factors, such as whether or not you are currently married, previously divorced, have children from a previous marriage and which of your relatives are still living. A will is absolutely necessary in order to ensure that your property is passed according to your wishes.
TAX-BASED ESTATE PLANNING
McDonald Worley offers tax based estate planning for high net worth individuals. This includes such estate planning techniques as charitable planning, annual gifting, life insurance trusts, credit shelter trusts, 529 plans, and more. All tax-based estate plans are different depending on the needs of the client, and as such, a quote cannot be made until you come in for a free initial consultation. Depending on the complexity of the plan, we may provide a flat fee quote. Otherwise, the plan will be created at the cost of $200 per hour.