Checklist for creating a will

A Will, also called a Last Will and Testament, allows a person to give property and other assets to specific people or organizations as well as naming an Executor to settle the affairs of the estate. Without a will, a person’s belongings will be distributed according to Texas law, which may not be desirable.

Often a will is the best solution for estate planning purposes. Unlike many states, the Texas Probate process is very efficient and cost effective making the use of wills in Texas very desirable. While a simple will can suffice for most estates, Texas law allows for the creation of wills that can aid in tax planning and include built in trusts. Some of the reasons a person would want to create a will include:

• Control over asset distribution after death
• Avoid real estate related complications
• Appointment of guardians for minor children