12Law Arrow 12Law Arrow  Easy Questions  
12Law Arrow 12Law Arrow Instant Legal Documents
 
 
FINANCIAL & MARITAL

Cohabitation Agreement coming soon!
Separation Agreement coming soon!
No-Fault Divorce coming soon!
Bankruptcy coming soon!
 
 

What is a Last Will and Testament in Zip Code 75105

What is a Last Will and Testament in Zip Code 75105

A Last Will and Testament is the first building block of a good estate plan. Estate planning is the process by which an individual or family arranges the transfer of assets in anticipation of death.

Option 1: Will-Based Estate Plan

All essential details of your Last Will and Testament will be outlined in the will-based estate plan. It will provide information including the person to be put in charge of settling your final affairs (the executor), the persons who will inherit your property (beneficiaries), and the provisions on how they will inherit it. Your last will and testament with a will-based estate plan will cover the following:

1. Who will serve as the personal representative/executor

2. What powers your personal representative/executor will have

3. Who will inherit your property

4. How and when your property will ultimately be transferred to your beneficiaries

5. Who will serve as guardian of your minor children until they become adults


Option 2: Trust-Based Estate Plan

In the trust-based estate plan a document called a revocable Living Trust will cover all the important points listed above in the will-based estate plan with one exception: the person in charge of settling your final affairs after you die is called an administrative or successor trustee instead of an executor. If you have a revocable living trust you will still need a Last Will and Testament so. Ideally, you will fund or move your assets into your trust before you die. If you fail to fund even one asset into your trust, then the last will and testament will be the necessary document that will "catch" the unfunded property and transfer it to your trust after you die. The last will and testament in this case will function as a pour over will that will cause the unfunded assets to "pour over" into your trust through a probate process.


A pour over will needs to cover:

1. Who will be in charge of your assets that were not funded into your trust as the personal representative/executor

2. What powers your personal representative/executor will have

3. Who will serve as guardian of your minor children until they become adults

4. What will happen in the absence of a Last Will and Testament?


In order for your property to go to the beneficiary of your choice after you are gone, a Last Will and Testament is recommended.


The absence of a will could result in the state providing a last will and testament on your behalf under the state's intestacy law. The laws of the state that your property is located in will prevail. This can get complicated if you own property in multiple states.

 
Personalize & Print a Free TX Last Will Create This Document
Page 1
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Page 8
Page 9
Page 10
Related Legal Services near Zip Code 75105
Hoblit Ferguson Darling LLP
300 Convent St
San Antonio, TX 78205
(210) 224-9991
Accident & Property Damage Attorneys, Attorneys, Legal Service Plans
Carol Wyatt Myers
4710 Vista Rd Ste 200
Pasadena, TX 77505
(281) 487-9990
Attorneys, Legal Service Plans
The Sartin Law Firm, P.C.
4514 Travis St
Dallas, TX 75205
(469) 249-9846
Attorneys
Weston Legal, PLLC
4514 Cole Avenue
Dallas, TX 75205
(214) 329-9837
Credit & Debt Counseling,  Bankruptcy Law Attorneys,  Litigation & Tort Attorneys,  Attorneys
Plotts Brian
4151 Southwestern St
Houston, TX 77005
(713) 960-9696
Attorneys,  Mediation Services,  Arbitration Services,  General Practice Attorneys
Guerra Martin M
111 E Commerce St
San Antonio, TX 78205
(210) 256-9696
General Practice Attorneys, Attorneys
Fletcher Law Offices
6 Desta Dr Suite 2790
Midland, TX 79705
(432) 559-9558
Accident & Property Damage Attorneys,  General Practice Attorneys,  Attorneys,  Civil Litigation & T
Rogers Richard G Law Office
3100 Monticello Ave Ste 125
Dallas, TX 75205
(214) 920-9500
General Practice Attorneys, Attorneys, Legal Service Plans
Stephanie Boyd
115 E Travis St # 431
San Antonio, TX 78205
(210) 222-9498
Attorneys, General Practice Attorneys
Adami Shuffield S
9311 San Pedro St
Austin, TX 78705
(512) 322-9497
Attorneys
Aleman Raymundo
115 E Travis St
San Antonio, TX 78205
(210) 222-9489
Attorneys
Collins Kevin L
600 Navarro St Ste 250
San Antonio, TX 78205
(210) 223-9480
Attorneys, Consumer Law Attorneys, Criminal Law Attorneys, Juvenile Law Attorneys, Legal Service Pla
Mershon Ruark D
2220 San Jacinto Blvd
Denton, TX 76205
(940) 383-9300
Divorce Attorneys,  Attorneys,  Family Law Attorneys,  Adoption Law Attorneys
Davidson Ross
112 E Pecan St # 1800
San Antonio, TX 78205
(210) 357-9300
Attorneys
Legal Aid Legal Svc
2626 Post Oak Rd
Abilene, TX 79605
(325) 793-9299
Paralegals, Legal Service Plans
Randall B. Isenberg
4303 N Central Expy
Dallas, TX 75205
(214) 696-9253
Attorneys,  Criminal Law Attorneys,  DUI & DWI Attorneys,  Drug Charges Attorneys,  Domestic Violenc
Rmpbell, Randall - Randal B Isenb
4303 N Central Expy
Dallas, TX 75205
(214) 696-9253
Attorneys, Criminal Law Attorneys, Legal Service Plans, Traffic Law Attorneys
JB Law, PLLC
4447 N. Central Expressway, Ste. 110-225
Dallas, TX 75205
(972) 762-9164
Personal Injury Law Attorneys, Family Law Attorneys, Traffic Law Attorneys
P H Swearingen Estate
115 E Travis St
San Antonio, TX 78205
(210) 226-9159
Attorneys, Real Estate Attorneys
Rivera Joe A
310 S Saint Marys St
San Antonio, TX 78205
(210) 527-9159
Attorneys
Joyner and Joyner, P.C.
111 Soledad Suite 300
San Antonio, TX 78205
(210) 722-9089
Open Daily 24 Hours, Open 7 Days, Appointments Available
Ramos Rolando
126 Villita St
San Antonio, TX 78205
(210) 212-9000
Criminal Law Attorneys,  DUI & DWI Attorneys,  Traffic Law Attorneys,  Attorneys,  Bail Bonds
Ghuneim and Associates
3115 Preston Ave
Pasadena, TX 77505
(281) 487-8929
Criminal Law Attorneys,  Family Law Attorneys,  Divorce Attorneys,  Personal Injury Law Attorneys,  
Gregory W Neely
414 E Loop 281 Ste 3
Longview, TX 75605
(903) 236-8900
Insurance Attorneys, Attorneys
12Law.com   |  NASHVILLE, TN USA   |  CONTACT US