Estate Planning: Why Wills, Trusts, and Power of Attorney Matter for Your Future

Amy Scott
Feb 4
4 min read

At NTX Law, we understand how difficult it can be to think about the future—especially when it comes to planning for the unexpected. However, taking proactive steps now can offer you peace of mind and ensure that your wishes are respected when the time comes. Serving Collin, Denton, Dallas, and Tarrant Counties, our experienced team, led by Attorney Zach Myers and Paralegal Jamie Gipson, is here to guide you through the essential steps of Estate Planning, focusing on Wills, Trusts, and Power of Attorney.

Why Wills & Trusts Matter

A Will is one of the most crucial documents you can create to ensure your wishes are honored after you're gone. Without a Will, your estate may be subject to intestate succession laws, meaning the state decides how your assets are distributed—not you. A Will provides clear guidance on who will inherit your property, who will be responsible for minor children, and who will manage your estate.

An example of why a Will is essential: Imagine you've worked hard your whole life and accumulated assets like a home, savings, and family heirlooms. Without a Will, your loved ones might face confusion, delays, and even conflicts over your property. A Will removes that uncertainty and ensures that your hard-earned estate goes where you want it to go.

In addition to a Will, a Trust is a powerful tool for estate planning, especially if you're looking to avoid probate or manage your assets during your lifetime. A Trust can help streamline the distribution of your estate, minimize estate taxes, and even protect your beneficiaries from creditors.

For example, if you have a child with special needs, a Trust can help ensure that they’re provided for without jeopardizing government assistance benefits. Creating a Living Trust also ensures that your estate is handled privately, without the lengthy court process that probate requires.

Power of Attorney: Why It’s Crucial

A Power of Attorney (POA) is an often-overlooked, yet incredibly important, aspect of estate planning. A POA allows you to designate a trusted individual to make decisions on your behalf if you’re unable to do so due to illness, injury, or incapacity.

Zach Myers, an experienced attorney at NTX Law, emphasizes the importance of having a POA in place. “Life is unpredictable, and if something were to happen to you, it’s vital that someone has the legal authority to manage your affairs. Without a POA, your loved ones may face significant challenges trying to handle financial matters or medical decisions for you.”

For example, if you’re in a car accident and unable to communicate, having a POA ensures that your designated individual can step in and make important decisions on your behalf, whether it’s managing your finances or making medical decisions. This document removes stress and uncertainty during an already difficult time.

Your Personalized Estate Planning Partner

At NTX Law, we don't believe in one-size-fits-all estate planning. We take the time to understand your unique situation and tailor your plan to meet your needs. Zach Myers brings a wealth of experience in estate planning, ensuring that you receive expert advice. Paralegal Jamie Gipson provides vital support, ensuring your documents are organized and accurately prepared for execution.

Whether you need to create a Will, set up a Trust, or designate a Power of Attorney, our team is here to guide you through the entire process. We offer clear explanations, personalized advice, and compassionate support every step of the way.

Why Wait?

Planning for the future isn’t just about protecting your assets—it’s about protecting your family and ensuring your wishes are respected. Don’t wait until it’s too late to get your affairs in order.

If you're in Collin, Denton, Dallas, or Tarrant County, NTX Law is ready to help you create a customized estate plan that works for you. Reach out to us today to schedule a consultation with Attorney Zach Myers and Paralegal Jamie Gipson, and let’s get your estate planning on the right track!