We Protect Your Assets, Both Tangible and Intangible
Hunt Pennington Kumar & Dula PLLC is a boutique law firm created to protect the things our clients have worked hard for in life, from the physical assets in your personal estate to the intangible assets of your intellectual property. We are proud to serve individuals, families, businesses, and startups in Austin, Texas, in areas ranging from Estate Planning and Elder Law to Intellectual Property Law, General Business Law, and Litigation.
We Will Help You Plan a Responsible Financial Future
The attorneys at Hunt Pennington Kumar & Dula want to help protect your financial assets for the future. While discussing your estate can seem overly complicated and even morbid, it is a necessary step to maximize the assets you’re able to leave your loved ones once you’re gone. Working with our Estate Planning Attorneys can ease your mind about your family’s financial health. At HPKD, we enjoy working with each of our Estate Planning clients to customize the approach that’s best for them and their families.
Once you know your assets are secured, working with a Wills and Trust Attorney can ensure you leave those assets to the ones you love. If you have lost a loved one, a Probate Attorney can assist with the complicated probating process in court, giving you more time to focus on what really matters to you. Whether you’re planning a responsible financial future for your family or dealing with the loss of a loved one, let Hunt Pennington Kumar & Dula create a tailored approach that meets your goals and protects you hard earned assets.
In addition to working with individuals and families in estate planning and family law, Hunt Pennington Kumar & Dula also assists businesses, entrepreneurs, and intellectual property owners with similar asset protection through strategic asset management, including drafting wills, and creating trusts.
What Is Probate Under Texas State Law? Is There More Than One Type Of Probate?
Probate will be necessary when a person dies and leaves property that has not been transferred by trust, joint ownership, the right of survivorship, or direct payments to beneficiaries. For example, if an insurance policy or retirement account hasn’t been transferred in one of the above-mentioned ways prior to death, then it will be distributed through probate. Probate is a process wherein the court legally recognizes a person’s death and oversees the payments for the deceased person’s debts to creditors, and the distribution of assets to their heirs. Read more
What Actually Occurs During The Probate Process In Texas?
The probate process in Texas can be broken down into six steps. The first step involves the initial filing of the application for probate, usually in the probate court in the county where the decedent resided. This application includes information such as the description of the applicant, e.g., the person who is filing the application, or the person who was designated in the will, and identifies the decedent. If there is not a will, the surviving spouse or one of the children might initiate the filing of the application. Typically, the probate process will take place in court where the decedent resided. Read more
Estate Planning & Elder Law
HPKD offers Estate Planning for individuals at all stages of life. We bring expertise in Intellectual Property and small business matters, as well as life experience from our own families, to ensure your tangible and intangible assets are properly preserved for your beneficiaries.
Estate Planning for Entrepreneurs, Intellectual Property Owners, & Small Business Owners
The intangible nature of intellectual property can pose unique challenges for individuals who wish to properly preserve their assets, but it can be imperative to preserve such assets correctly. Inventors, scientists, and creators may hope that their creation continues to benefit their families or other beneficiaries beyond their lifetime, and it is essential to carefully craft a plan that transfers those intellectual property rights.
HPKD is comprised of attorneys who have years of experience working as engineers, forming businesses, and litigating patents; so, we know firsthand what it takes to properly preserve such complex assets. We aim to use our experience and expertise to ensure your proper preservation of business assets, intellectual property rights, and other intangible assets.
Estate Planning for All Families & Individuals
While preservation of wealth is important, we recognize that what is most important is who those assets intend to benefit at the end of the day. Planning for the future of your family and other loved ones requires more than just a set of standard documents. It requires a uniquely tailored approach that ensures your desires are carried out in the event of sudden death or incapacity. That’s why we form meaningful, long-lasting relationships with our clients. We partner with your for your lifetime to ensure your Estate Plan is always up-to-date and put your mind at ease. Whether you are a single parent, part of a blended family, or are looking to entrust your estate to other beneficiaries, we are here to help.
We represent individuals and families throughout varying stages of life, including:
- Two Parent Families / Single Parents
- Unmarried Couples
- Blended Families
- Families with Special Needs
- High Net-Worth Families
- Family Business Owners
- Estate Executors & Beneficiaries
Elder Law, Guardianship, & Probate Matters
We also advise and represent families and seniors in diverse elder law matters. Elder law matters may involve multiple aspects, including:
- Planning for Medicare and public benefits while protecting assets against depletion;
- Assessments of capacity; guardianship proceedings where appropriate; pursuing less restrictive options to guardianship;
- Protection of seniors from physical, mental and financial abuse;
- Legal actions and injunctions against alleged abusers; financial and asset management matters; and
- Transitions in living and care arrangements.
Additionally, we assist individuals who find themselves in probate to navigate the complexity or probate court with ease.
Having an Estate Plan in place for your family, small business, and other assets has perhaps never been more important. Whatever your stage in life, we’re here to help ensure your plans become reality. Let’s Talk.
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