A simple approach to
Islamic
Wills and Trusts
Estate planning made easy.
Faster.
Simpler.
Easier.
With direct communication with a licensed attorney and a simple process, we provide all of our clients with a 100% remote process from start to finish.
STEP 1
Talk with a Lawyer ...it's free!
STEP 2
Choose a Will or Trust Plan.
STEP 3
Review your plan via Zoom.
STEP 4
Sign and file your documents.
Last Will and Testament
A Last Will and Testament is a legal document that allows an individual to specify how they want their property and assets to be distributed after their death. Having a well-drafted will is important because it allows an individual to have control over the distribution of their estate and ensures that their wishes are carried out. It also helps prevent disputes among family members and reduces the likelihood of assets being distributed according to default rules set by state law (intestacy laws), which may not align with the individual's preferences.
Wills are relatively straightforward to create and typically less expensive than trusts. However, Wills generally go through the probate (court), which can be time-consuming, public, and costly.
Islamic Wills
Revocable Living Trust
A Revocable Living Trust is a legal arrangement where an individual transfers ownership of their assets into a trust during their lifetime. That individual retains control over these assets and can modify or revoke the trust while they are alive. It's important to note that while a Revocable Living Trust offers many benefits, it requires careful planning and legal documentation to ensure it is properly executed and serves its intended purposes.
Trusts can be more expensive to set up than a Will. However, they are intended to avoid the probate process.
Islamic Trusts
What's an Islamic Estate Plan?
An Islamic estate plan is a framework designed to distribute assets and burial services according to Islamic law after death, pursuant to the Quran and Sunnah. It can be incorporated to a Last Will and Testament or Revocable Living Trust, that adheres to Islamic law and Texas law.
Surah Al-Baqarah, 180-182; Surah An-Nisa, 7-14, 176; Sahih Bukhari, Volume 4, Book 51