Do I really need a will in Texas?
At minimum, a basic will can take care of the following:
- You keep problems from arising for those you are leaving behind. Without a will, your family will face the possibility of having contests on who are your beneficiaries, who is supposed to receive what part of your estate, and the headaches and costs that come with those questions through a lengthy probate process
- You get to say who gets what you have. Your will allows you to be very clear about who you wish to receive specific things in your estate, your assets, the things that you are leaving behind. Without it, see #1 above.
- You can leave the right person in charge. The most important position for a will is the person in charge of seeing it is followed, in Texas called the Executor. That person will follow through with being certain that the will is admitted to probate and then distributing your assets as you have designated.
- You can make other designations. One of the most important is for your children, if they are younger. In a will, you can say who you wish to be in charge of your children's daily care (a Guardian) as well as whom you want to take care of the assets you are leaving them (a Trustee).
- You can have peace of mind about the issues raised above.
For a minimum cost, the items above can all be taken care of simply. Contact my office today and I will be more than happy to discuss with you how I can assist you in writing a will for you, giving you that peace of mind.