Let's begin this post with what we think should be a given: Adults, regardless of their level of income or size of estate, should have a will. That so many people in Houston and the surrounding communities don't have even this rudimentary estate planning document in place is disconcerting, especially since it does not take much to create.
However, while a will may be the foundational element of any estate plan, it would be a mistake to think that it represents the peak and pinnacle of possible actions. The array of tools available is broad and can be immensely confusing. That's why it's always wise to consult with an attorney, especially one with demonstrated experience and skill in estate planning matters.