Friday, September 30, 2011

What Happens if I Die 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.

Having a will does not eliminate the need for probate in most cases, but it does make the probate process much less expensive for your heirs.

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.