Legacy Planning and Probate Blog
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Legacy Planning and Probate Blog *
What is Community Property?
When one spouse dies, community property automatically passes to the surviving spouse—without any need for probate. More importantly, though, is that transferring property in this way can help you avoid paying expensive capital gains tax, which can result in significant savings. Are you interested in these tax benefits? Do you live in Texas or have you lived in a community property state and want to know more about the status of your property?
About the Owner
My name is Kim and I am the founder, owner, and managing attorney at LPP. I opened LPP in December after several years with a boutique estate planning, probate, and tax law firm in downtown Denver. Building a business during a Pandemic has definitely been an interesting journey, but I am so grateful for my amazing clients, friends, and family who have supported me and encouraged me along the way.
Can I Write a Last Will and Testament on my Own?
While you can technically write a will without the help of a lawyer, a notary, and witnesses, it is a dangerous option with the potential to fail entirely. At Legacy Planning and Probate, LLC, we can ensure that your wishes are communicated competently and effectively in your will.
Why should you hire an experienced estate planning attorney rather than use a premade fillable form?
A premade fillable form will not provide you with the time and expertise it requires to specially tailor your estate plan to the nuances of your unique circumstances. Only an experienced attorney can provide you with the effective, suitable set of documents that will meet your particular estate planning needs. Legacy Planning and Probate, LLC can expertly tailor your estate plan to your unique situation so you can effectively protect and preserve your assets in the way that works best for your unique estate and your specific desires.
Estate Planning During Covid-19
Many may be wondering if their loved ones and assets are protected and, if this is a concern for you, now might be a good time to reach out to an experienced estate planning attorney.