Creating a Thorough Will
A Will, also known as a Last Will or Testament, is a legal document that is created to pass on assets or property to people or organizations when you pass away. You pick an Executor that will be responsible for settling any affairs of the estate. If you die without a Will, your belongings will be distributed under the Texas intestacy laws. No one wants to plan for one's death, but to protect your family's future, creating a thorough will is the best thing to do. The Law Office of Steve Ortega, PLLC, has helped many individuals make their Will.
Reasons a person would want to create a Will include:
• Leave appointed Guardians for underage children
• List the beneficiaries for your assets
• Avoid a complicated legal probate process
Writing a Will can be highly complicated. Hiring an experienced, knowledgeable estate planning lawyer will help you create a Will that will protect your family's best interests when you pass away.
Will Key Terms:
Decedent- the person that has passed away.
Testator- The person creating the Will.
Beneficiary- The person who will inherit assets or property listed on the Will.
Executor- The appointed person listed in the Will responsible for distributing the estate's property to the beneficiaries and settling all affairs.
Estate- All property, assets, and debt of a decedent.
Probate- The legal process the Will goes through in court to determine the validity of the Will and approve the administration of a decedent's estate.
Do I need to hire a lawyer to make a Will?
Handwritten, typed, or store-bought wills are not accepted in a Texas probate court, even if the document is notarized. If you pass away and a valid will is not left, your family will go through intestate distribution. The Law Office of Steve Ortega, PLLC, is qualified and experienced to ensure that your will is properly prepared and executed. Contact us to start your will, and you can leave your family with the peace of mind that everything will be taken care of when you pass away.
Why is it important to leave a Will?
• If you are a parent, you should have appointed guardians for your children if you pass away.
• It is crucial to have a person you trust administer your affairs when you pass away.
• Would you like to leave money to a charitable cause when you pass away?
• If you own a business and pass away, what plan do you have in place?
• Do you know how you would like to distribute your assets?
There are other complex situations that could arise and essential things to consider when writing a Will. Having an experienced lawyer create your will can help you plan and prepare for any situation. The Law Office of Steve Ortega, PLLC, will analyze your assets and determine how to protect the assets you will leave for your family. Protect your loved ones, leave them with a well-written will. You will also have peace of mind that you have a plan written out if you were to pass away suddenly. Contact The Law Office of Steve Ortega, PLLC so that we can start the process.
