Living without a last will and testament is a bad idea. Dying without a will, on the other hand, is a far worse situation.
Death is a topic that no one likes to discuss, which is understandable. But if you work in the world of wills and trusts, you must guide your clients with respect and authority.
When you die without a will, your family is at the mercy of the state, who will then decide how to distribute your property, never taking into account your wishes.
This division of property may follow your desires, or it may not. There’s no way to tell. What’s worse, family members that you have zero connection with might get property that you don’t want them to have.
One aspect to remember about dying without a will, as we pointed out in an earlier article, is that the state doesn’t automatically get everything after you die.
The State does not take the property of someone dying without a Will. Instead, Texas law dictates how the assets of someone dying without a Will are divided upon their death.
Each possible scenario is laid out in the article above, and you can satisfy your curiosity for each of them as they apply to you.
As you can see, having a last will and testament is an important factor for you and your family. While the State of Texas won’t simply take your property from you when you die, having a valid will ensures that all of your belongings go to whom you see fit.
Further, a will isn’t validated unless it meets particular criteria — as is laid out by Texas State Law. In order to validate your will, it’s important that you work with an attorney in the validation process.
For more information on how we can help you, please contact us today.