Without a will, the Texas state laws determine the fate of your assets, potentially leading to unintended consequences and distributions that may not align with your desires. This is particularly crucial if you lack direct heirs, as it may result in the state claiming your property. To guarantee your estate is handled according to your preferences, proactive will creation and regular updates are indispensable.
The Advantages Of Having A Will In Plano
A legally robust will enables you to:
Contact The Werner Law Firm for skilled assistance in drafting a will that upholds your wishes in Plano, TX. Our dedication to your estate planning needs ensures that your intentions are clearly articulated and honored.
It is important to note, however, that your will does not cover everything. Life insurance, retirement plans, assets held in living trusts, and jointly-owned property cannot be affected by a person’s will. Your will must be signed by you as well as at least two other witnesses for it to be finalized in the state of Texas. Unlike other states, notarization is not required for a will to be legally binding. Should you decide to change the terms of your will or desire to revoke it entirely before you pass away, this can be accomplished by creating a “codicil” with the assistance of an attorney. A codicil is a document that allows you to amend or change the terms of your will and is drafted similarly.
