In the case of there being no legal will left behind, the Texas Estates Code governs what happens to your assets and wealth.
We’ve worked on hundreds of estate plans, and our estate planning attorneys are often asked similar questions.
In order to help our community better understand and prepare for their estate, we’ve prepared answers on the most common estate planning questions.
What Is The Difference Between A Will And A Trust?
Simply put, a will is a legal document that instructs the court in how to divide your assets after your death, while a trust can be arranged to hold legal title to the property for someone else. Both will need to be created by an estate planning attorney.
More About Wills and Trusts
What Is Probate?
Probate is what happens when the court administers the estate, either due to a lack of a will or a will dispute, and it can be avoided with the proper legal documentation created in advance of a death. In Texas probate, you cannot represent yourself, and you must have legal counsel, like an estate planning attorney.
More About Avoiding Probate
Why Do I Need Estate Planning?
Both large and small estates can benefit from an estate plan. A valid will is able to skip probate and save your loved ones time and expense transferring your assets.
Benefits to an Estate Plan
Appoint a trusted loved one to make health care directives on your behalf
Name a guardian for your dependents, including adult family members who require care
Select who will execute your will and manage your assets
Questions about estate planning?
We can help! Contact us today to get started.