Estate Planning Lawyers for Wills in McKinney
What is a Will?
Many people consider creating a will, but fail to do so until it is too
late. Having a will in place is often a critical step of the estate planning
process and can provide numerous benefits while also helping you and your
loved ones avoid numerous negative situations. A will is a written legal
document that designates the beneficiaries of your property at the time
of death. In addition to this, a will can also appoint a legal guardian
for any minor children that you may have.
In-Depth Knowledge & Experience to Help You
The act of creating a will is a relatively simple process that nonetheless
requires a knowledge of the current laws. The document must be signed
and witnessed once it has been completed. It is flexible, and can be amended
to your changed preferences at any time during your lifetime.
Our McKinney estate planning attorneys at The Willingham Law Firm, PC have
an in-depth knowledge and great deal of experience in the drafting process
and are well-prepared to help you create a legally sound document that
clearly expresses your wishes and gives you and your family the protection
and peace of mind you all deserve.
Some of the benefits of having a will in place include:
- Being able to transfer your property to whomever you desire upon death
- Being able to set up an independent administration that can save your loved
ones thousands of dollars that come from probate expenses
- Being able to set up a trust for your minor children until they turn a
- Being able to set up guardianship designations for your children
- Being able to include or exclude extended family
What Happens if I Die Without a Will in Place?
Without a will or some other legal method to transfer your property upon
death, the State of Texas will determine the fate of your property according
to intestacy laws. This means that assets will generally be transferred
to your spouse, children, or closest relatives. In addition to this, a
court will also determine legal guardianship for any surviving minor children.
Simply put, having a will in place can save your family a great deal of
money, time, and emotional frustration.
Learn more about how our estate planning lawyers can help you create a
comprehensive estate plan by calling our McKinney office at (214) 499-9647,
our Plano office at (972) 848-3357, or our Frisco office at (469) 447-7757.
free initial consultation today!