When planning for your and your heir’s financial futures, consider thinking even further into the distant future to ensure your family is taken care of for several generations. Doing so comes with its own set of challenges. With the right approach to estate planning, you can successfully secure the financial state of affairs for your future generations.
Plan ahead for your future heirs by scheduling a consultation with one of Barrera, Sanchez & Associates, P.C.’s probate lawyers today.
Flexibility for Your Family’s Financial Legacy
Technological advances along with political and economic turmoil are causing a sense of insecurity about the future for most people. Financial advisors and estate-planning attorneys agree that concerns about what the future holds are making it difficult to have important estate-planning conversations about future generations. The key is flexibility when planning your estate.
Our estate planning specialists can help you achieve this flexibility with trusts that allow for adaptation to evolving beneficiary needs, tax laws and financial conditions. Decanting is another strategy we employ that allows for the dissolution of one type of trust with assets transferring over into a more advantageous type of trust.
Plan for the Distant Future with Us
At Barrera, Sanchez & Associates, P.C., we address your concerns about the future with trust flexibility and employing a broad range of estate planning strategies. Contact us at 956.287.7555 to schedule a consultation with our McAllen probate lawyers to ensure your multi-generational trust isn’t too unyielding in the face of changing tax rules or other financial issues.