Creating
a Last Will and Testament
- part of a Basic Estate Plan
Creating a will
- a legal will - is one of the smartest legal moves you
can make. Legal wills allow you to determine how your assets
will be distributed after your death. Creating a will is
usually a simple matter and should be overseen by a Texas
lawyer.
Beware of a free
living will or free forms for wills because they are "boilerplate"
documents that may not address your specific needs. Legal
wills are important documents and one simple omission can
cost your heirs dearly.
Probate is the
. . . . . . . . .
When creating
a will or last will and testament, you should consult with
an attorney because legal wills are only one part of a basic
estate plan.
A
Basic Estate Plan contains:
- Last
Will and Testament
- Medical
Directive
- Durable
Power of Attorney
- Durable
Power of Attorney for Health Care
- Declaration
of Guardianship for a Minor
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Hamlet
Died Intestate
(Intestate means to die without a will.)
To
Be or Not to Be
(That was Hamlet's Question.
But, is that the Question?)
To
will or not to will,
That is the real question.
To trust or to give,
These are the other questions.
Whether 'tis nobler in the pocket
to suffer the slings and arrows of outrageous taxes-
Or to take deductions against a sea
Of IRS auditors and by exclusion
End them. To trust, to gift-
And by a gift so doing,
To take pity upon our heirs.
Leaving everything for them in trust;
That flesh be heir to all:
To trust, perchance to give,
Aye, there's the rub.
For by so giving:
The kids now have it all.
Yes,
Hamlet had his troubles too!!
Did he leave a Will?
Did he leave anything in Trust?
Did he leave charitable Foundations
to perpetuate his name?
Don't let what happened to Hamlet happen to you!
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