When someone dies without a valid will in Texas, they are considered to have died “intestate.” Instead of following the person's own instructions for distributing their estate, Texas law determines who inherits.
The outcome isn't always as simple ...
August is National Make-a-Will Month—a good reminder that creating a will is important, but a complete estate plan involves much more.
Estate planning can include deciding who will make financial or healthcare decisions if you become unable to do so ...
Choosing the right trustee is only part of the estate planning process. Understanding what a trust actually does is equally important. Many people create a trust to aid in the transfer of assets and provide greater privacy than probate. However, a trust also requires ongoing administration and thoughtful planning to ensure your wishes are carried out as you intend.
Effectively communicating your wishes for end-of-life care and estate planning requires careful thought and improving your communication skills can be particularly beneficial.
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