Further complications arise from the world we live in.
One example lies in the problem of administering an estate. Because there are no clear instruction from deceased persons who didn’t leave wills, a court will be forced to exercise more oversight over an estate to make sure that no one can contest the proceedings at a later date. Title insurance companies have strict requirements even above and beyond what local probate judges require before real property (your home) can be sold.
A legion of problems are resolved by simply leaving properly drafted and executed wills and estate plans.
The truth of the matter is that rarely do the laws set up by the government for the general public line up with your actual desires in your specific life. The best solution is to have active wills and estate plans that you regularly update as your life and circumstances change.
This is best done through counseling with a qualified attorney who can show you the way the state’s rules would apply to your situation, determine your actual desires, bring up issues you hadn’t thought of, and then craft a plan that fulfills your needs while still maintaining the integrity of your wishes.
The legacy you leave behind is how you’ll be remembered in the world. Begin today by discussing with an attorney your needs and wishes! If you are in the McKinney, Texas area, we would be happy to walk you through a plan that works for you. Call us today!