Making a Will in Texas
Making a Will in Texas – Flower Mound, Denton, Dallas, Addison, Highland Park Village, Decatur, Richardson, Plano, Lewisville. Writing a will is of paramount importance if you want your assets to be distributed amongst your family, friends, and whomever you want, the way you want it to be. Planning the fate of your estate can be a gloomy prospect, but, as depressing as it sounds, it is essential that you keep in mind some clauses which you must add in your will to ensure everything goes as planned.
Making a Will in Texas – Executors or caretakers are people who will handle your property and will affairs. They must be trustworthy. These could be your family members, friends, office colleagues, or neighbors. The maximum number of executors who may apply for probate is four. This is the most crucial position. So, be wise when choosing the executor for your will.
Deciding Upon Guardians for Your Children
Making a Will in Texas – The will gives you an opportunity to choose a guardian for your children. They could be family members or friends or anyone you trust with your kids. Moreover, you may also add a clause to provide financial assistance to the guardian as long as he/she is looking after your children.
Minor Children’s Share in Estate
Making a Will in Texas – If your kids are too young, there is nothing to worry about. You may assign their legal share in the property as well. There is no limitation about that; their share will be given to them only when they’re 18 years old. If you feel 18 is still too young, you may change it to the age of 21 or 25 years old.
Concerns Regarding Funeral Ceremony
Making a Will in Texas – You may add your funeral wishes in the will. It sounds distressing to talk about your own death and funeral wishes, but at times, taking the decisions related to funeral ceremonies, burial, and your desired place as grave, hurt those whom you leave behind.
Executor Must Know Where Your Will Is
Making a Will in Texas – Make sure that your executor knows where the will is so that they may be able to find and execute it promptly in the event of your death.
Naming the People
Making a Will in Texas – You should always clearly specify the names of the people you want your belongings to be given to. This will help avoid all sorts of disputes and ambiguity, making the process easier for the executor. Also, this way, you will realize if you left out someone important.
Reviewing Your Will
Making a Will in Texas – Do review your will every two years. If there are frequent changes in financial status, do edit your will accordingly. Take help of your executor or lawyer when making any changes.
Designing a will with help of the best lawyer is an ideal situation. Nelson Law Group PC provides you with such loyal and honest lawyers, ready to advise you at every step in making your will.