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So, Why A Will? Because You Care About The People In Your Life.

Planning For The Final Chapter

Planning for the end of life is never high on anyone's priority list. However, individuals who don't make any end of life plans run the risk of having their assets tied up in probate court for a long time before they are distributed to next of kin. Just about everyone can benefit from having a will that outlines how they would like to see their assets distributed at the time of their death.

The main purpose of virtually all wills is to outline what should be done with the deceased person's assets. The maker of the will can name beneficiaries and decide who gets what, including cash, property, and pets. The will is also a good place to name a guardian for young children or other dependents. It is also a good idea to name an executor for the will, a person who will be responsible for managing assets and paying any standing debts.

Make Sure It's Legal

A will is a legal document that needs to be able to hold up as a legal document in the Texas probate court system. For this reason, it is a good idea to hire a lawyer to help you draw up your will correctly rather than trying to do it all yourself. There are attorneys that specialize in wills and probate law who can help you write the document properly while minimizing the amount of stress that goes with handling matters of this nature.

If You Don't Have A Will

Individuals in El Paso who don't have a will at the time of his or her death will force family members to need the help of a probate attorney to settle the estate in court. The settling of an estate in court takes more time and does not guarantee that your assets will go to the people you want them to go to. In fact, your creditors will also be notified of your death and will put in their claim for repayment of any outstanding debts.

Get It Done

For El Paso residents, writing a will can be a daunting and monotonous procedure, and most people who know they need one will just put it off until a later date thinking there's still plenty of time. However, it is an essential part of planning for the future and helping your family in your absence. By planning in advance regarding your estate, you will be reducing stress on family members at their most vulnerable time of mourning.