Estate Planning – Contemplating a day when you are no longer around to enjoy your family, pursue your dreams, and relax with the people you love most can be painful. For some people, this thought is so painful that they neglect estate planning altogether. While no one likes to think about a time when they are no longer around, careful estate planning is one of the most important things you can do for your family. At The Nelson Law Group, we help you plan while contemplating and protecting your family’s needs.
You Need a Will
A Last Will and Testament, often referred to simply as a will, is a written legal declaration itemizing how a person wants his or her affairs handled after death. The Will can make dispositions of property, set up trusts, and establish guardians upon a person’s death. Under Texas law, a Will must identify the person making the Will or “Testator,” be written with “testamentary intent,” and be executed with requisite testamentary formalities. State law also requires that the Testator have “testamentary capacity,” including being of sound mind.
A Will can be straightforward and simple or very complex depending on the estate and what the Testator wants to accomplish. If you are interested in a Will, it is best to contact an attorney and to have the Will drafted and executed properly to make sure that the Will complies with Texas probate law. If your Will is declared invalid after your death, substantial legal costs, delays, and unnecessary tax liability may be incurred, and your property may be awarded to someone other than who you wanted to have it.
At the Nelson Law Group, PC, we will guide you through the process and help you make thoughtful, informed decisions in drafting your will.
In addition to drafting wills, we also prepare:
- Medical powers of attorney
- Medical authorizations
- Burial directives
- Revocable living trustsdurable powers of attorney
- Advanced healthcare directives/living wills
- Declarations of guardian.