So, you want to plan for the future with a Texas will? Whether you’re drafting a new one or updating an existing one, there are certain things you should know and make sure to include. Without further ado, let us discuss five of the most important factors to include in your Texas will. From how to name an executor to assigning guardianship to your children, these tips are essential for making sure your family is taken care of when you’re gone.
Your spouse
If you are married, your spouse must be included in your will. You can leave all of your assets to your spouse, or you can distribute them as you see fit. If you have children from a previous relationship, you may want to consider leaving some of your assets to them as well.
Your children
If you have children, it is important to include them in your will. You will need to designate a guardian for your children in the event that something happens to you. You should also include provisions for your children in your will, such as how they will be provided for financially.
Your grandchildren
If you have grandchildren, you will want to include them in your will. You may want to leave them a specific amount of money or property, or you may just want to make sure they are taken care of if something happens to you. Either way, it is important to include them in your plans.
Your parents
In your Texas will, you must name an executor – the person who will oversee the distribution of your assets after you die. You must also name a guardian for any minor children. If you do not designate a guardian, the court will appoint one.
Your parents may be obvious choices for these roles, but you should only name them if they are willing and able to take on the responsibilities. Consider your siblings or other close relatives as well. Ultimately, the decision is up to you, but it’s important to choose someone who will honor your wishes and act in your best interests.
Your siblings
If you have any siblings, it is important to include them in your Texas will. You may want to leave them specific assets or just a general inheritance. If you have more than one child, you can specify how you would like your assets divided among them. You can also appoint a guardian for your minor children in your will.
Conclusion
Writing a will is an important step in making sure your estate and assets are taken care of the way you want after death. Taking the time to include specific items like guardianships, executors, and other legal considerations can help ensure that your wishes are honored when you pass away. By knowing what to include in a Texas Will, you can make sure all of your questions and concerns are addressed in order for it to be valid after death. Don’t forget that there may be additional state laws or regulations that must also be followed — consult with an attorney if needed!
Do you need an Experienced Probate Attorney to help?
It can be difficult to know whether or not you need an experienced probate attorney to help with your will. If you are unsure, it is best to consult with one to get their professional opinion. Here are a few things to consider that may help you decide if you need an attorney:
-The value of your estate: If your estate is valued at over $75,000, then you will need an attorney to help with the probate process.
-The complexity of your estate: If your estate is complex, such as having multiple beneficiaries or assets in different states, then you will need an attorney to help ensure that everything is properly taken care of.
-Your personal preferences: Some people simply feel more comfortable having an attorney handle their probate matters. If this is the case for you, then it is worth hiring one.
Ultimately, it is up to you to decide whether or not an attorney is necessary. If you have any doubts, consult with one to get their professional opinion.
Call us today for a FREE attorney consultation. (210) 436-6601.
