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THE
WILL |
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What is a Will? |
Can I write my own Will? |
What if I die without a Will? |
How can I change my Will? |
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WHAT IS A
WILL?
A Will is a legal document that dictates how your
property will be distributed upon your death. Because
this document is so important and can affect so many
people, the Laws of Texas are very detailed and exact
regarding how a Will must be created in order to be
valid. At the end of the day, a Will is simply a piece
of paper. But, at the same time it is more than that –
it represents your wishes and desires and serves as your
link to the world of the living after you have passed.
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CAN I
WRITE MY OWN WILL?
Yes. Indeed, with few exceptions, non-lawyers can do
anything a lawyer can so long as they are representing
merely themselves. That said, drafting a valid Will is
not a simple task, and even the simplest mistake can
render the home-made Will worthless. In light of the
consequences of a mistake, it is always advisable to
have an attorney draft your Will or, at the very least,
review your attempt in order to see if any mistakes were
made.
It is also worth keeping in mind that the service an
attorney provides extends far beyond the mere drafting
of the Will. The attorney will be able to make
suggestions and point out options that would never occur
to someone who doesn’t deal with these issues on a daily
basis.
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WHAT IF I
DIE WITHOUT A WILL?
Without a Will or some other legal method to
transfer your property when you die, state law will
determine what happens to your property. And, if no relatives
can be found to inherit your property, it will go into
the coffers of the State of Texas. Also, in the absence of Estate Planning, a
court will determine who cares for your young
children and their property if the other parent is
unavailable or unfit.
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HOW CAN I
CHANGE MY WILL?
Wills are changed through an instrument known as a
Codicil. Throughout your life, your Will will undoubtedly
need to be changed now and then. An attorney can make
these changes very inexpensively.
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