The complexities of the law can be confusing, especially when planning for your family. Andrea Gray is a compassionate attorney that helps guide families through challenging decisions. She provides her skillfulness with dedication and respect, so you and your loved ones can have peace of mind.
AM GRAY Law 
There is no greater wealth in this world than peace of mind
HOW WE CAN HELP
Asset Protection
Estate Planning
Guardianship
Long-Term Care Planning
Medicaid Qualification
Powers of Attorney
Probate
Special Needs Planning & Trusts
Veterans Pension Benefits
Wills and Trusts
Qualified Income Trusts (Texas)
Medicaid Estate Recovery Defense (Texas)
OUR MISSION
At AM Gray Law we help clients gain clarity around the decisions that matter most.
Prepare for the future
Asset Protection
An important concern for all individuals is the protection of assets from creditors or lawsuits. Very few, but not all, states are the primary residence, retirement benefits, life insurance, and annuities. Assets not protected include cash, stocks and bonds, bank accounts, certificates of deposit, second residences, ranches, real estate, oil and gas properties, and closely-held businesses. Certain types of trusts can assist with asset protection as can incorporating businesses along with other tools.
Trusts
A trust is a fiduciary arrangement that allows a third party, or trustee, to hold assets on behalf of a beneficiary or beneficiaries. Trusts can be arranged in many ways and can specify exactly how and when the assets pass to the beneficiaries.
Since trusts usually avoid probate, your beneficiaries may gain access to these assets more quickly than they might to assets that are transferred using a will. Additionally, if it is an irrevocable trust, it may not be considered part of the taxable estate, so fewer taxes may be due upon your death.
Assets in a trust may also be able to pass outside of probate, saving time, court fees, and potentially reducing estate taxes as well.
Wills
Your last will and testament is a guide on how to disseminate your assets upon passing. It is among the most important tasks you can make to ensure a smooth and seamless distribution of your estate. Without a last will and testament, New York and Texas each have pre-determined laws governing the rights of surviving spouses, heirs, and next of kin to your property.
Guardianship
Guardianships (sometimes known as conservatorships) are a legal solution for adults unable to make informed decisions regarding their assets and person due to physical or mental illness. A guardian is appointed as the individual’s decision maker for matters related to health care, finances, and other personal affairs. Guardianship is a common solution for older adults with dementia.
Elder Law & Medicaid Planning
Elder law is a holistic, multidisciplinary practice that concentrates on representation, legal counseling, and assistance to seniors, people with disabilities, and their families in connection with a variety of legal issues, from estate planning to long-term care issues, with an emphasis on promoting the highest quality of life for the individual. The person-centered approach considers legal, medical, financial, social, and family issues. Qualified elder law and special needs planning attorneys bring a different perspective to the delivery of services to their clients.
Special Needs and All Abilities Planning
Individuals with disabilities who receive public benefits would benefit further from having funds in a trust (or other exempt account) to maintain their quality of life and pay for beyond what their benefits can provide. When an individual who receives public benefits also receives money, the public benefits may be jeopardized. This situation may arise when the individual receives a personal injury or divorce settlement, an inheritance, or other funds. Regardless of the source of the funds, once the individual has money in his or her own name, the public benefits may be at risk. To protect the public benefits, the excess funds can be placed in a Special Needs Trust. A Special Needs Trust is used to supplement, not replace, public benefits such as Supplemental Security Income (SSI) or Medicaid. There are several planning options and the advice of an experienced Special Needs Planning attorney is needed.
VA Pension with Aid and Attendance
If you served in the United States Armed Forces, you may be eligible for additional benefits from the U.S. Department of Veterans Affairs (“VA”). Veterans and surviving spouses of Veterans who need help with activities of daily living may receive assistance through the VA. VA benefits can be a great help to a loved one needing care at home or in other care settings.
