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Austin Office: 476.0888 Georgetown Office: 931.0888
The Planner Alert - Last Will of Michael Jackson. Click here to view.
Practicing Exclusively Estate Planning, Probate,
Medicaid Planning, and Estate Administration.
Please read through our web site to learn more about estate planning, Medicaid planning, asset protection, and business succession.
Choosing a firm to guide and advise you in estate planning is one of the most important tasks you will do for yourself and your family. Experience and trust are just some of the factors to consider when choosing an estate planning attorney. At the Greening Law Firm, P.C. we stand ready to help you with all aspects of estate planning and administration including trusts, wills, probate, business succession, family limited partnerships, asset protection, elder law, Medicaid planning, and pet trusts.
Contact our office to set up a complimentary initial consultation. Together we can plan for a secure tomorrow.
Click here to view our calendar page.
Serving Austin, Georgetown, Bee Caves, Lakeway, Lake Travis, Round Rock, Cedar Park, Pflugerville, Temple, Hutto, Leander, Manor, Dripping Springs, Blanco, Wimberly, San Marcos, Bastrop, Elgin, Westlake and Central Texas. more info...
Estate Planning
Earning money and spending it are two
great pleasures of life. Deciding who gets it when you are gone is a task most
people would rather ignore.
In fact, only 30% of
American adults have taken the time to plan their estates. Unfortunately, many
of those who have are led to believe that a simple will is all they need.
Estate planning is made up
of four areas: accumulating assets (earnings) and preserving assets (from
predators), managing assets upon a disability, and distributing assets when you
die. Although it may sound simple, there are challenges that may prevent your
estate from being managed and distributed according to your wishes. These
challenges can be broken down into three categories: probate, death taxes, and
guardianship. Learn more
about estate planning.
Probate
Probate is a legal
procedure in which the probate court assumes jurisdiction over the assets of
someone who has died. The court can supervise
the payment of debts, taxes, and probate fees, then supervise the distribution
of the remainder to the persons named in a will or to the heirs if there is no
will. Learn more about our Austin probate lawyer service to learn more about probate.
Medicaid Planning
Upon
qualification, Medicaid will pay for long-term care in a nursing home and
Medicaid-approved, necessary prescription medications. Unfortunately, the
overwhelming majority of nursing home residents enter a facility on a private
basis and only later turn to the Medicaid program for coverage. In this way,
many spend themselves into abject poverty even though, through appropriate
planning, they could have qualified for Medicaid sooner and preserved their
assets for themselves and their families. Learn more about Austin Medicaid planning.
Estate Administration
If a decedent had a properly drafted and funded trust, probate
is generally not required. The successor trustee nonetheless must take
steps to administer the trust. Beneficiaries must be contacted and kept
informed; the trust-maker's assets gathered and invested; any debts
paid; potential creditors notified; taxes filed and paid assets
and/or income distributed in conformity with trust provisions to beneficiaries,
etc.
Successor trustees often lack the time, resources or knowledge to
personally administer the trust, and therefore may call upon legal, accounting
and investment professionals for assistance. Our estate planning
lawyers can help successor trustee(s) deal with the complexities of trust
administration. Learn more about Estate Administration.
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