Why You Should Create a Will to Protect Your Assets and Loved Ones

A Will is an extremely important legal document that ensures your final wishes will be respected after your passing. Without a Will, your assets and estate will be distributed according to the laws in your state. Here at Maida Law Firm, we have years of experience in both drafting Wills and ensuring everything is prepared for your family’s future. Our team will help you go over the different types of Wills and the specifics of how they are administered in the state of Texas. Learn more about the importance of a Will and how to get started with yours below. 

Appointing guardianship

One of the most important reasons to work with a Will and Last Testament attorney to develop your Will is to ensure your children are taken care of after you are gone. You can choose a specific guardian for your children in your Will and make sure they’re looked after by someone you trust, respect, and love. Without this document, the State will decide who should care for them. 

Distributing assets

You should decide who receives all of your belongings after you die, from family heirlooms to saving accounts and everything in between. General state rules will not include the necessary provisions for those not related to you, like close friends or mentors, that you may wish to give to after death. Make sure all of your loved ones get the assets you want them to receive by completing a Will. 

Protecting your business

If you own your own company, a Last Will and Testament can ensure it passes along to your heirs or the co-owners of the business. Estate planning with a trusted Last Will and Testament attorney in Texas protects all of your assets to ensure the family business or solo venture continues on. 

Providing final arrangement instructions

For some, specifying funeral arrangements and wishes for their remains is an important reason to create a Last Will and Testament. This section can detail specifics about funerals, burial or cremation requests, and anything else that is important to you shortly after your passing. 

Making a difficult time less difficult

Loss is never easy, but preparing a Last Will and Testament can protect those who loved you from dealing with a difficult intestacy period where the State is in charge of divvying up your assets among kin. 

When it comes time to planning for the future, reach out to our team of Last Will and Testament and probate attorneys. We've been helping clients like you understand wills and probate law in the Eastern District of Texas and beyond, including Beaumont, Houston, and Lufkin.