A will and its requirements
A will is a person's expressed intention of what should be done with his/her property after that person dies. It must be in writing, signed by the person creating the will (the "testator") and witnessed by two persons. The testator normally must have attained the age of majority, and must be of "sound mind" at the time the will is executed. A married minor is usually capable of executing a will. The witnesses normally MUST be "uninterested," meaning they're not beneficiaries of the will. Witnesses also must be competent persons and at least fourteen (14) years old. A will normally doesn't need to be notarized, but a document called a "self-proving affidavit" might be created to provide further legal strength to the will. "Holographic" (handwritten) wills are still recognized in Texas. Such a will must be in the handwriting of the testator and signed by the testator. Witnesses aren't normally required for a holographic will.
Who needs a will?
Since most everyone dies possessing property, most everyone needs a will. State law decides what happens to property in the estate of a person who dies without a will. State law attempts to distribute the property according to what most people want, but it doesn't always work that way. The default plan normally distributes property to relatives. Someone who leaves behind a girlfriend or boyfriend, or even a fiance', will not be able to provide them with any inheritance unless there is a valid will. There is almost no exception in the law to provide otherwise.
Who should draft your will? Can it be changed?
Only an attorney can legally draft a will for a person, unless a person drafts his own will. Personally drafted wills are often incomplete, and therefore invalid under state law. An invalid will is worthless, contact an attorney to get your will created as soon as possbile. Kits for writing a will are normally not state-specific. If your will fails to follow state law, it will be invalid. Once drafted, a will can be changed at a later date if the testator is competent. A new will or a "codicil" can be executed to create a new scheme for disposing of the testator's property. State law can change a will also. This is commonly done when there has been a divorce. Usually a divorce terminates the ex-spouse's rights under a will, unless a contrary intent is clearly shown. A separation doesn't terminate a spouse's rights under a will. The specific impact of divorce on an existing will depends entirely on state law.
Is joint tenancy a substitute for a will?
A joint tenancy with right of survivorship is a method of owning property with another person. At the death of one owner, the other owner becomes the full owner of the property. The property isn't part of the decedent's estate, and doesn't go into probate. There are tax implications and simple ownership issues for a joint tenancy. A joint tenancy is not the equivalent of a will. A will can do a number of other things. A joint tenancy creates a situation where the other joint tenant will get the whole property at the decedent's death. But if you give your brother Bob an interest in a joint tenancy on your home, Bob could sell his interest or his creditors could go after his interest.
What happens if I die without a will?
State law has a default will for any person who dies without a will. Commonly, the spouse and children of the decedent will take the property. If there is no spouse and no children, the decedent's parents will take the property, then siblings, grandparents, and children of the grandparents. If no close relation can be found, the property will eventually belong to the state. As part of the probate process, the creditors of the decedent get first shot at the estate property, after certain allowances for a spouse and children.
Can I appoint a guardian for my children in my will?
Yes. This is another valuable benefit that a will can provide. However, a court is not bound by the naming of a guardian in a will. The court will certainly consider it, and it's often the only way to make your wishes known after you've died.
Executor of your will
The person who represents the estate is called several different things, depending on state law. Traditionally, the person appointed by a will to represent the estate is called the executor (or executrix, if female). A person appointed by a court to represent the estate of a person who doesn't have a will is called a personal representative, or administrator. The executor is charged with following state law in wrapping-up the decedent's affairs. This includes: giving the proper notices to the proper parties, collecting all the decedent's property, receiving claims against the estate, paying just claims and disputing others, and distributing the estate property according to the will or state law. Along the way there may be other necessary actions, like selling estate property to cover debts or allow for proper distribution.
May I dispose of my property any way I wish?
Yes, for the most part. But if you indicated that all your property should be collected and burned, the law might not give effect to that part of your will. You won't be able to avoid protections given to others by act of law, either. This can include your spouse's rights against the estate, community property protections, and special protections for children.
How can a person contest a will?
A person contests a will by filing the relevant documents with the probate court. The person normally must be "interested" that is, must be an heir under the will or at law. There are time limits for contesting a will, and they vary by state. You must have grounds to have a chance of successfully contesting a will. Unhappiness with the proposed distribution of property is not a valid ground. Valid grounds depend on state law. Incapacity, fraud, undue influence and duress are the most common grounds.
So that the decedent's affairs can be legally concluded, the court oversees the probate process. If there is real property, someone will need legal authority to transfer the property to the heirs. If the estate is producing income, taxes will have to be paid. The creditors are to be paid from the estate property. Many states have provisions for an "informal probate" which greatly reduces the requirements of interaction with the court, but doesn't eliminate the court entirely. Most every estate will have a piece of property that passes by title or deed, like a car or real property, and normally only someone with legal authority can legally transfer such property.