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Estate Planning

Providing Peace of Mind

Comprehensive, Personalized, Affordable Estate Planning

BooksMore than 70 percent of the people who died last year did not have a will, creating millions of difficult decisions and needless family quarrels, and billions of dollars in avoidable inheritance taxes and probate expenses.

Preserving wealth and avoiding taxes is important, but true estate planning is much more. It is about family, relationships, and making a difference. It's about your future legacy and your peace of mind today.

"The best way to predict the future is to invent it." — Alan Kay

The Livens Law Firm in Bedford, Texas, offers a comprehensive approach to getting your affairs in order. In drafting the vital legal documents, we consider tax planning, Medicaid planning, veterans benefits, business planning and asset protection strategies. Contact us today for a free initial consultation. We welcome clients of any income level, including caregivers of the elderly, throughout the Dallas-Fort Worth area and statewide Texas.

Estate Planning Essentials

  • A last will and testament directs the disposition of your estate when you die. Without a will, the State of Texas substitutes its own formula for distributing your assets — creating additional cost and uncertainty for survivors. We craft a will that specifies beneficiaries and who gets what, appoints guardians for minor children or adult disabled children, and names a trusted executor to settle your estate.
  • Powers of attorney give control to an individual — or a successive order of individuals — to manage your personal and financial affairs if you are incapacitated by dementia, illness or injury. We include special provisions so that your appointee can handle all transactions in your name, including Medicaid planning actions such as gifting of assets to heirs. We typically recommend a durable power of attorney that is effective today rather than commencing upon disability — otherwise who decides and defines when you are "disabled?"
  • A living will, or advance directive, clarifies your desires regarding life support and end-of-life care. This guides physicians and spares your loved ones from agonizing decisions about "pulling the plug." We take a more detailed approach than most law firms, including a provision to continue pain medications to the end. We identify four medical situations and 13 medical procedures. Most firms identify only one situation.

A medical power of attorney designates a person (usually a spouse) and a chain of others to make health care decisions on your behalf regarding surgery, medications or other treatment. A critical but often overlooked detail is the HIPAA release granting all applicable family members access to your medical records and updates of your condition. Our estate planning package is available with an emergency ID card having 24-hour online or phone access to all these documents so that necessary care is not delayed and your wishes are crystal clear to doctors and family.

  • HIPAA authorization is an important estate planning tool in that it grants applicable family members access to your medical records and updates on your medical condition.

Advanced Estate Planning

Attorney Stephen J. Livens has over 20 years of estate planning experience, and has been a CPA in Texas for 25 years. His practice is devoted exclusively to protecting assets and reducing taxes for clients and their heirs. Mr. Livens and his staff are familiar with sophisticated vehicles and legitimate strategies to accomplish various goals.

Read more about:

  • Living trusts to reduce the estate taxes, avoid delays and publicity of probate and provide creditor protection for heirs
  • IRA inheritance trusts to create a legacy of wealth, provide creditor protection, and minimize taxes for your heirs, allowing them to stretch out the IRA over their lifetime
  • Special needs trusts to provide for a disabled child but preserve eligibility for Medicaid/SSI
  • Medicaid planning to preserve or gift assets and still qualify for government-paid nursing home care
  • Asset protection through a family limited partnership or LLC

It is never too early — or too late — to protect wealth and put your wishes in writing. For answers to your questions regarding the future of your estate, please contact The Livens Law Firm at (800) 569-2663 for a free initial consultation.

Our Locations

The Livens Law Firm
2516 Harwood Road
Bedford (Dallas-Fort Worth), TX 76021
Phone: (817) 545-3425
Toll-Free: (800) 569-2663
Fax: (817) 545-9847
E-Mail Us | Map & Directions

Second Address
4213 Wiley Post
Addison, TX 75001
Phone: (972) 432-8844
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Call 1-(800) 955-0471

Upcoming Seminars:

JR’s Steakhouse, 5400 Hwy 121, Colleyville, Texas 76034:
Tuesday, May 18, 2010 at 6:00 p.m.
Wednesday, May 19, 2010 at 6:00 p.m.
Thursday, May 20, 2010 at 6:00 p.m.

Marriott Courtyard, 2201 West Airport Freeway, Bedford, Texas 76021:
Friday, May 21, 2010 at 9:00 a.m.
Saturday, May 22, 2010 at 9:00 a.m.

Kirby’s Prime Steakhouse, 3305 E. Hwy 114, Southlake, Texas 76092:
Thursday, June 17, 2010 at 6:00 p.m.
Tuesday, June 22, 2010 at 6:00 p.m.
Wednesday, June 23, 2010 at 6:00 p.m.