Don’t Have A Will? Here’s Why You Should.
Anyone who has had a loved one pass away knows how difficult the months after a death can be. Not knowing what to do with a family member’s belongings and assets can quickly lead to confusion or infighting with a family.
In Texas, if a person dies without a will — called dying ‘intestate’ — a Judge will determine who will receive that person’s assets once he or she is gone. The Judge will follow Texas intestate laws to determine who gets what. This means the Judge will not consider who that person liked or disliked, or what that person said to family members about what he or she wanted. Additionally, it costs more to probate an estate without a will and an attorney ad litem will need to be appointed by the Court to represent the interests of unknown heirs.
Wouldn’t it be better to know that person’s wishes beforehand? A will can go a long way to clear up questions and provide a guide for the future — not only for the person who creates the will but also for those whom he or she leaves behind. This will mean your wishes are followed and costs are kept down. Often people make the mistake of thinking they do not need a will because they do not have many assets or much of an estate. The irony is that it costs more in the long run if you do not have a will, so it it important to do some minor estate planning to protect your assets as cost effectively as possible.
Flat-Rate Fee ~ Skilled Legal Assistance
Most people can benefit from putting together a will sooner rather than later, and there is no reason why you should not have a will. At The Fealy Law Firm in Houston, we purposefully make the cost of a will affordable and the process for setting it up easy for you.
For a flat-rate fee, you will get a will, a living will and a power of attorney. These three documents, and the personalized advice we provide as part of your will package, can provide you and your family with peace of mind.
- Living will: A living will provides guidance if you are incapacitated and no longer able to take care of your medical needs or make your own medical decisions. This document is effective during your life as opposed to a last will and testament, which goes into effect only after death.
- Power of attorney: This document gives someone you appoint the right to make financial decisions for you when you are no longer able to do so yourself. This document can go into effect immediately or you may choose to have it effective only if you are incapacitated.
Put your wishes in writing today
It does not matter how much or how little you have. Putting your wishes in writing helps clear up any confusion your loved ones may have when you are not there to answer their questions. A will also allows you to make important decisions, including:
- Who you want to care for your children in your absence
- Which assets will go to which family members
- What amounts, if any, will be given to charities or other organizations you wish to support
Skilled Assistance Today And On Into The Future
A will is the minimum of what you will want to set up right away. As you age and accumulate assets, you will want to revisit your will and make modifications as necessary. Throughout your life, our law firm will be by your side to answer any questions and provide you with affordable legal guidance and services.
Call us toll free at 866-751-1087 or send us an email today to schedule a consultation with attorney Vicky Fealy at The Fealy Law Firm. We assist clients throughout the Houston, Texas, area.