Last Will and Testament
A will is often the first and only thing someone thinks of when planning an estate. It is the cornerstone of any estate plan. The main purpose of a will is to disburse property after your death. If you don’t leave a will, disbursements will be made according to Texas state law, which might not be what you would want.
There are two other equally important aspects of a will:
- You can name the person (executor) who will manage and settle your estate. If you do not name someone, the court will appoint an administrator, who might not be someone you would choose.
- You can name a legal guardian for minor children or dependents with special needs. If you don’t appoint a guardian, the state will appoint one for you.
Remember a will is a legal document, and courts are very reluctant to overturn any provisions within it. It is crucial that to have a well written will properly executed under Texas laws. It’s also important to keep your will up-to-date.
