A will is a legal document that you can use to state your wishes regarding the handling of your estate after you pass away. Wills are not reserved for the wealthy; most people should have one. A will allows you to speak for yourself after you’re gone. It ensures that your property is distributed according to your wishes, rather than those of the state. You don’t necessarily need an estate planning attorney to write a will, but one can help you ensure its validity and effectiveness.
These are some of the things that you can do with a will:
- Name an executor who will be responsible for handling your estate
- Name guardians for your minor children
- Determine the distribution of your property and forgiveness of your debts
If you die without a will, the state will prioritize your spouse, children, or parents when it comes to distributing your assets. However, many people wish to pass down gifts to friends, neighbors, significant others, and charitable organizations. None of this will happen if you don’t create a valid will. Many people try to write a will on their own, but it is extremely beneficial to get the help of an experienced estate planning attorney. Attorney Eric Smith has practiced estate planning law in Texas since 2005. He can help you identify your goals and assess your unique situation in order to prepare a will that does what you want it to. Eric can also review your current will and help you modify it if there are any issues.