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POA, living will or both?

Getting a full estate plan together can take quite a bit of work. A lot of that has to do with figuring out what really needs to be included. For example, does one need a power of attorney, living will or both? Some Texas residents may not really know what the difference is between these documents to really make an informed decision.

Even if one has no children, a will is good to have

Texas residents who have worked hard throughout their lives and built up their assets may not know what to do with them in the event of their deaths if they do not have children. As many people forgo having children as a personal choice or simply lack the chance to have kids, this is a problem that plagues quite a few individuals. The truth is, though, even if one does not have children or other family to whom one wishes to pass on his or her estate, a will is still a good thing to have.

When taking time to prepare a will, make sure it is valid

Having a will in place is something that one can do to make sure that his or her assets and loved ones are protected in the event of his or her death. Taking the time to prepare a will means a little more than just jotting something down on paper really quick and signing one's name to it. This is not to say that a will has to be a long-winded document; it can be brief if that is what one wants. It does, however, need to meet certain requirements in order for it to be valid in the state of Texas.

Take the time to prepare a will

Quite a few people in Texas and elsewhere do not have estate plans in place. Each has his or her own reason as to why not. However, taking the time to prepare a will is not something that one should put off for too long.

Is there anything that I do not need to include in my will?

Making sure one's estate is in order in the event of one's death is something that everyone should take the time to do. It certainly does not hurt to be prepared. When writing one's will, there is a lot to consider. A question some Texas residents may have when going through this process is whether there's anything that does not need to be included in a will?

Is a will all I need?

Knowing where to begin with estate planning can be rather confusing. There is a lot of information out there and numerous opinions about what should and should not be included. For instance, many Texas residents may be unsure about which documents they really need -- such trusts or wills. This week's column is going to address what a will is and if it alone will meet your estate planning goals.

Will disputes may cause complications for Texas residents

It is not uncommon for surviving family to face conflict after the death of a loved one. In many cases, parties may feel the need to dispute the decedent's will due to concerns over the contents and intentions of that document. When such disputes arise, it is likely that the concerned parties will go through litigation in order to have the issues formally addressed.

Deceased senator's wife, sons argue over his will

Families can often be complicated, especially blended families. While many are able to seamlessly come together without conflict, others are unable to do so. In some cases, relationships that were previously devoid of conflict may fall apart after the death of the loved one who tied the family together. In order to ensure family harmony, many people in Texas create a will describing their wishes in regard to estate administration and distribution of assets.


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