Preparing for the Future with a Dallas Financial Planning Attorney
Whatever your income, you need a financial plan that works for your situation. But do you really need the assistance of a financial planning attorney?
Far too many people in Dallas, Texas, fail to manage their money effectively. High debts, a lack of emergency savings and insufficient funds to navigate retirement are common consequences, all of which make it difficult to ensure a secure future. Whether you’re wealthy now or working toward that goal, making smart choices is the key to financial success. That’s not easy without knowledge and expertise in money matters – and that’s what a financial planning attorney brings to the table.
With the professional team at Schultz and Kellar, PLLC, you can get on the path to economic security and have confidence in the future. When you need a financial planning attorney you can trust, we’re the Dallas law firm to call.
Who Should Partner with a Financial Planning Attorney?
Regardless of whether you’ve just started your career or you’re nearing retirement, working with an experienced financial planning lawyer makes sense.
Financial planning is important for everyone. It’s not just for Dallas residents who have built up a sizeable amount of savings – it’s also beneficial for people who are just beginning to grow their wealth and those who need help stretching their income for the future. After all, without a comprehensive plan for saving, investing, managing debt and avoiding high taxes, each of us is vulnerable to loss.
Partner with a financial planning attorney, and you can protect your money and all of the assets you acquire. No matter the size of your current estate, getting personalized financial advice from an experienced professional is in your best interests.
When is the Right Time to Get Financial Planning Assistance?
In an ideal world, everyone in the Dallas-Fort Worth metroplex area would seek out help with financial planning as soon as they begin to earn an income.
This isn’t reality, unfortunately, as many people mistakenly believe that accruing a substantial amount of money or assets is a must to work with a financial planner. But when you’re young and still advancing in your job, you can strategically invest in tax-advantaged retirement accounts that may not be an option when your salary climbs. By developing a financial plan early on, you can set yourself up for future success.
As you move on in life, your income, assets and family will change. Get a plan in place now, and you can make modifications later on maximize your financial security. With a financial planning lawyer in your corner, you’ll always have the guidance you need.
How Can an Experienced Financial Planning Attorney Help?
Since everyone has unique financial circumstances and different goals in relation to money management, there’s no one-size-fits-all game plan for wealth management. Attorneys provide personalized advice tailored to each individual’s income, family situation and future goals.
Depending on your current state of affairs, a financial planner could assist you with a range of concerns, such as:
Developing a spending plan that suits your current needs and helping to ensure that your income is higher than your expenses.
Automating your savings, moving money out of easy reach to allow your wealth to steadily build without feeling the pinch.
Setting retirement goals and strategically using IRAs, 401(k)s and other defined contribution plans that offer tax advantages.
Reviewing contracts, loan agreements and other legal documents before signing to make sure your rights are protected.
Offering guidance on stocks, bonds, mutual funds, exchange-traded funds and other prevalent types of investment products.
Coming up with a strategy to provide for a loved one with special needs without affecting their access to government benefits.
Structuring the ownership of your assets to safeguard everything from creditors, lawsuits and other legal challenges.
Formulating a plan to cover potential long-term care costs without threatening your savings or your overall financial health.
Determining the best way to manage your money during retirement to make sure your nest egg lasts at least as long as you do.
Facilitating the timely transfer of your assets and wealth after you pass away, without probate and with minimal estate taxes.
When you want a financial planning attorney you can trust, Schultz and Kellar, PLLC, is the law firm to call. People throughout the Dallas-Fort Worth metroplex area rely on our legal team for expert guidance, and not just in the realm of financial planning – our seasoned team of professionals specializes in estate planning, too. From a last will and testament, power of attorney or provision of digital assets to a revocable living trust, advance directives and strategies to minimize estate tax liability, we’re ready to help with of your estate planning needs.
Let our team of legal professionals put their experience to work for you. For details on how we can assist you in preparing for the future – or to schedule a free, no obligation consultation with an experienced financial planning attorney – contact Schultz and Kellar in Dallas, Texas, today.
