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Living Trusts
MCKINNEY ESTATE PLANNING LAWYERS FOR LIVING TRUSTS
What is a Living Trust?
When individuals with family and loved ones die, they want to be able to leave as many assets as possible to those they care about and avoid the costly fees associated with probate lawyers. If this is your goal, creating a living trust may be the perfect option.
A living trust is a legal document that you create during your lifetime naming your specific desires with regards to assets, dependents, and your heirs. Upon death, your trust may bypass the probate process completely and a successor trustee will be tasked with carrying out its instructions.
Some of the benefits of creating a living trust may include:
Ensuring that your final wishes will be carried out
Avoiding the time, cost, and hassle of the probate process
Saving money on estate taxes
Types of Living Trusts
There are two basic types of living trusts, which are basic living trusts and AB trusts. A basic living trust is used both for individuals and couples, and are used to avoid the probate process. An AB trust is intended solely for couples and to avoid the probate process while also helping you save on estate taxes.
Let Us Help You Find the Best Option for Your Unique Situation
At Willingham Law Firm, PC., our McKinney estate planning attorneys can sit down with you during your consultation to better understand your needs and concerns and recommend what type of living trust may be the best option for your situation.
Your goals are our goals, and we are committed to ensuring that your wishes are clearly expressed and your loved ones are well taken care of long after your death.
For more information on living trusts and how our team can assist with the creation process, contact any of our conveniently located offices today.
EVERY CASE DESERVES CARE & ATTENTION
Read Recent 5 Star Reviews From Our Clients
As a professional, working with the Willingham Law Firm, has been terrific. They are attentive to client needs, and carefully customize each estate plan. Taylor takes time to answer questions and explain the law and concepts to clients in a simple understanding way. One thing I appreciate is that he never talks down to people, and his staff looks for opportunities to help their clients. A truly great law firm that goes the extra mile!
Wendell Brock
I have now had Taylor and his staff assist me with 2 Elder Estate cases. They have been amazing to work with and Taylor is incredibly thorough!! This is important when there are so many options available out there, and misinformation could lead to a costly mistake. Thank you for all of your help!!
Angela Heinen
I am a Certified Financial Planner and have worked with Taylor Willingham and his team for over 15 years. He as always treated my clients with the utmost respect and care, often giving advice that makes his firm LESS money by offering the simplest and clearest solution available to meet the clients needs. The Willingham Law firm does what it is supposed to: It puts the clients first.
Jeff Reddick
The staff at this office is top notch. Professional, prompt and courteous all describe this group during my appointments. Taylor Willingham was able to quickly answer my questions and set my mind at ease with regard to my will and trust. 10 out of 10 recommend this office and will do business with them again if and when I need them!
Molly Brannon
From Attorney Andrea Lewandowski to Legal Assistant EJ Riconalla and the receptionists, everyone we met at Willingham Law Firm, PC, was professional, yet warm-hearted and easy-going. The personal touch made figuring out a will and estate questions reasonably easy; and helped solve several areas of concern. We are so grateful for their expertise in helping us conclude this otherwise dreaded to-do list task. Thank you so much.
Esther Bauer
This was a great learning experience. Each step was explained clearly and if we had questions they were answered in a way we
completely understood.
There was plenty of time for us to complete our task and we learned an enormous amount of information explained in down to earth terms.
We left feeling comfortable that we are in good hands.
We strongly recommend Willingham and Galvan to anyone who has legal questions.
Richard Peterson
As a professional, working with the Willingham Law Firm, has been terrific. They are attentive to client needs, and carefully customize each estate plan. Taylor takes time to answer questions and explain the law and concepts to clients in a simple understanding way. One thing I appreciate is that he never talks down to people, and his staff looks for opportunities to help their clients. A truly great law firm that goes the extra mile!
Wendell Brock
I have now had Taylor and his staff assist me with 2 Elder Estate cases. They have been amazing to work with and Taylor is incredibly thorough!! This is important when there are so many options available out there, and misinformation could lead to a costly mistake. Thank you for all of your help!!
Angela Heinen
I am a Certified Financial Planner and have worked with Taylor Willingham and his team for over 15 years. He as always treated my clients with the utmost respect and care, often giving advice that makes his firm LESS money by offering the simplest and clearest solution available to meet the clients needs. The Willingham Law firm does what it is supposed to: It puts the clients first.
Jeff Reddick
The staff at this office is top notch. Professional, prompt and courteous all describe this group during my appointments. Taylor Willingham was able to quickly answer my questions and set my mind at ease with regard to my will and trust. 10 out of 10 recommend this office and will do business with them again if and when I need them!
Molly Brannon
From Attorney Andrea Lewandowski to Legal Assistant EJ Riconalla and the receptionists, everyone we met at Willingham Law Firm, PC, was professional, yet warm-hearted and easy-going. The personal touch made figuring out a will and estate questions reasonably easy; and helped solve several areas of concern. We are so grateful for their expertise in helping us conclude this otherwise dreaded to-do list task. Thank you so much.
Esther Bauer
This was a great learning experience. Each step was explained clearly and if we had questions they were answered in a way we
completely understood.
There was plenty of time for us to complete our task and we learned an enormous amount of information explained in down to earth terms.
We left feeling comfortable that we are in good hands.
We strongly recommend Willingham and Galvan to anyone who has legal questions.
Richard Peterson
As a professional, working with the Willingham Law Firm, has been terrific. They are attentive to client needs, and carefully customize each estate plan. Taylor takes time to answer questions and explain the law and concepts to clients in a simple understanding way. One thing I appreciate is that he never talks down to people, and his staff looks for opportunities to help their clients. A truly great law firm that goes the extra mile!
Wendell Brock
I have now had Taylor and his staff assist me with 2 Elder Estate cases. They have been amazing to work with and Taylor is incredibly thorough!! This is important when there are so many options available out there, and misinformation could lead to a costly mistake. Thank you for all of your help!!
Angela Heinen
I am a Certified Financial Planner and have worked with Taylor Willingham and his team for over 15 years. He as always treated my clients with the utmost respect and care, often giving advice that makes his firm LESS money by offering the simplest and clearest solution available to meet the clients needs. The Willingham Law firm does what it is supposed to: It puts the clients first.
Jeff Reddick
The staff at this office is top notch. Professional, prompt and courteous all describe this group during my appointments. Taylor Willingham was able to quickly answer my questions and set my mind at ease with regard to my will and trust. 10 out of 10 recommend this office and will do business with them again if and when I need them!
Molly Brannon
From Attorney Andrea Lewandowski to Legal Assistant EJ Riconalla and the receptionists, everyone we met at Willingham Law Firm, PC, was professional, yet warm-hearted and easy-going. The personal touch made figuring out a will and estate questions reasonably easy; and helped solve several areas of concern. We are so grateful for their expertise in helping us conclude this otherwise dreaded to-do list task. Thank you so much.
Esther Bauer
This was a great learning experience. Each step was explained clearly and if we had questions they were answered in a way we
completely understood.
There was plenty of time for us to complete our task and we learned an enormous amount of information explained in down to earth terms.
We left feeling comfortable that we are in good hands.
We strongly recommend Willingham and Galvan to anyone who has legal questions.
Richard Peterson
As a professional, working with the Willingham Law Firm, has been terrific. They are attentive to client needs, and carefully customize each estate plan. Taylor takes time to answer questions and explain the law and concepts to clients in a simple understanding way. One thing I appreciate is that he never talks down to people, and his staff looks for opportunities to help their clients. A truly great law firm that goes the extra mile!
Wendell Brock
I have now had Taylor and his staff assist me with 2 Elder Estate cases. They have been amazing to work with and Taylor is incredibly thorough!! This is important when there are so many options available out there, and misinformation could lead to a costly mistake. Thank you for all of your help!!
Angela Heinen
I am a Certified Financial Planner and have worked with Taylor Willingham and his team for over 15 years. He as always treated my clients with the utmost respect and care, often giving advice that makes his firm LESS money by offering the simplest and clearest solution available to meet the clients needs. The Willingham Law firm does what it is supposed to: It puts the clients first.
Jeff Reddick
The staff at this office is top notch. Professional, prompt and courteous all describe this group during my appointments. Taylor Willingham was able to quickly answer my questions and set my mind at ease with regard to my will and trust. 10 out of 10 recommend this office and will do business with them again if and when I need them!
Molly Brannon
From Attorney Andrea Lewandowski to Legal Assistant EJ Riconalla and the receptionists, everyone we met at Willingham Law Firm, PC, was professional, yet warm-hearted and easy-going. The personal touch made figuring out a will and estate questions reasonably easy; and helped solve several areas of concern. We are so grateful for their expertise in helping us conclude this otherwise dreaded to-do list task. Thank you so much.
Esther Bauer
This was a great learning experience. Each step was explained clearly and if we had questions they were answered in a way we
completely understood.
There was plenty of time for us to complete our task and we learned an enormous amount of information explained in down to earth terms.
We left feeling comfortable that we are in good hands.
We strongly recommend Willingham and Galvan to anyone who has legal questions.
Richard Peterson
As a professional, working with the Willingham Law Firm, has been terrific. They are attentive to client needs, and carefully customize each estate plan. Taylor takes time to answer questions and explain the law and concepts to clients in a simple understanding way. One thing I appreciate is that he never talks down to people, and his staff looks for opportunities to help their clients. A truly great law firm that goes the extra mile!
Wendell Brock
I have now had Taylor and his staff assist me with 2 Elder Estate cases. They have been amazing to work with and Taylor is incredibly thorough!! This is important when there are so many options available out there, and misinformation could lead to a costly mistake. Thank you for all of your help!!
Angela Heinen
I am a Certified Financial Planner and have worked with Taylor Willingham and his team for over 15 years. He as always treated my clients with the utmost respect and care, often giving advice that makes his firm LESS money by offering the simplest and clearest solution available to meet the clients needs. The Willingham Law firm does what it is supposed to: It puts the clients first.
Jeff Reddick
The staff at this office is top notch. Professional, prompt and courteous all describe this group during my appointments. Taylor Willingham was able to quickly answer my questions and set my mind at ease with regard to my will and trust. 10 out of 10 recommend this office and will do business with them again if and when I need them!
Molly Brannon
From Attorney Andrea Lewandowski to Legal Assistant EJ Riconalla and the receptionists, everyone we met at Willingham Law Firm, PC, was professional, yet warm-hearted and easy-going. The personal touch made figuring out a will and estate questions reasonably easy; and helped solve several areas of concern. We are so grateful for their expertise in helping us conclude this otherwise dreaded to-do list task. Thank you so much.
Esther Bauer
This was a great learning experience. Each step was explained clearly and if we had questions they were answered in a way we
completely understood.
There was plenty of time for us to complete our task and we learned an enormous amount of information explained in down to earth terms.
We left feeling comfortable that we are in good hands.
We strongly recommend Willingham and Galvan to anyone who has legal questions.
Richard Peterson
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