Things can go the way of the Texas Estates Code instead of according to your wishes and desires if you do not make a will. It is best to make a plan, execute a will, and then enjoy that peace of mind.
What if I pass without a will?
In Texas, if you pass away without a will there are laws that specify how your property will pass. These laws may not be consistent with what you want to have happen to your property. The only way to make sure your wishes are carried out is to plan ahead.
Wills also eliminate disputes among family members if properly drafted. They take the decision out of the hands of the heirs and spell your wishes out in black and white. The goal is to leave no room for debate.
Does Having a Will Eliminate the Need for Probate?
Having a will does not eliminate the need for probate in many cases, but it does make the probate process much less expensive for your heirs. With clear answers as to who will serve as executor, who the beneficiaries are, and how the property will pass in the event one of your beneficiaries predeceases you, your heirs will have no good excuse to fight after you pass.
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