Frequently Asked Questions
COTTS LAW specializes in tax resolution services and estate planning. As a licensed tax attorney, I provide expert legal advice to help clients resolve IRS disputes without the stress of direct interaction. Additionally, I offer comprehensive estate planning services, including the creation of wills and trusts, to ensure your assets are managed according to your wishes after your passing.
An estate planning attorney, like those at COTTS LAW, plays a critical role in helping you organize your financial and health-related decisions for the future. We create wills and trusts that dictate how your assets will be distributed, and we ensure your healthcare preferences are documented. Our personalized approach in Corpus Christi ensures that your unique circumstances and wishes are fully reflected in your estate planning documents.
When planning your estate, consider factors such as your assets, beneficiaries, and any specific wishes about how you want your estate handled. It's important to think about potential tax implications and ensure that you've provided for dependents. Working with an estate planning attorney in Corpus Christi can help guide you through these considerations, tailoring your plan to meet your specific needs.
A will is a legal document that outlines how your assets will be distributed after your death, while a trust is a fiduciary arrangement that allows a third party (the trustee) to manage the assets on behalf of your beneficiaries. Trusts can offer additional benefits such as avoiding probate, reducing estate taxes, and providing more control over when and how your assets are distributed. An experienced wills and trusts attorney can help determine which option is best for your situation.
Tax resolution is a process that involves negotiating with the IRS or state tax authorities to settle your tax debts. At COTTS LAW, I review your financial situation, discuss your options, and advocate on your behalf to reach a fair resolution. Options may include installment agreements, offers in compromise, or currently not collectible status, which can provide you with the relief you need from overwhelming tax burdens.