Hayes & Wilson, PLLC
Call to Schedule a Appointment
Houston Texas
Practice Areas

Things to consider when making a will

Sometimes the idea of estate planning can seem so confusing or even gloomy that Texas residents would rather avoid it. Unfortunately, none of us know our fate when it comes to the longevity of our life, so having a plan established is very important.

If you break up the estate planning process into some key steps, it can seem less daunting. First, it's important to know why you need a will in the first place. It essentially takes the stress off your relatives in having to decide how to split your assets. Not only that, but it also outlines what you want so that the state doesn't make those decisions for you. Finally, and likely most importantly for parents, it is a good way to explain your wishes in terms of guardianship for minors should you pass away.

Next, it's important to think about the 'who' of estate planning. As we said previously, you need to decide who will be nominated to take care of your children. You also have to consider who will inherit your assets, who will be assigned the power of attorney in order to handle your financial affairs, who will get healthcare power of attorney to advocate on your behalf and follow the wishes outlined in your living will, and who will be the executor of your estate plan.

Finally, once your will is established, it's important to keep it updated and to also keep your heirs in the loop. These steps can help ensure that there is no confusion after you pass away.

Source: CNN Money, "10 steps to painless estate planning," Martha White, Mar. 3, 2014

No Comments

Leave a comment
Comment Information


Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Our Location

Hayes & Wilson, PLLC
1235 North Loop West
Suite 907
Houston, TX 77008

Phone: 713-880-3939
Fax: 713-880-9990
Map & Directions

Board Certified | Texas Board of legal Specification
Visa | MasterCard
FindLaw Network