Planning for Your Loved One’s Futures

Most estate plans are not complete without a will, sometimes called a last will and testament. While every will is unique, they all serve the purpose of planning ahead for your loved ones’ sake. With a proper will in place, there should be less legal confusion after you pass away.

To make certain that your will does what you want and minimizes the chances of the distribution of your estate getting delayed during probate, come to The Payne Law Group in Bryan, Texas. We are a local law firm with decades of collective experience managing complex and sensitive cases. At each step along the way, we will do all we can to protect your best interests and ensure you and your family are comfortable with your estate plan.

Dial (979) 300-7406 now to talk with a wills attorney today.

What Can a Will Do for You?

We take the time to get to know our clients and their unique situations and families. This personalized approach to casework allows us to get a clear picture of what you want your will to do and why. When everything is said and done, a will must be able to accomplish what you want, so it is really important that we are on the same page when assisting you.

What should your will do? Consider these top reasons why people draft them:

  • Inheritance distribution: Most people assume that a will is used to decide who inherits what of their estate after they pass away. This assumption is true. An organized, preplanned will is a great way to get assets, property, and finances to named beneficiaries of your choosing — or to ensure certain parties do not inherit property you do not want them to have.
  • Guardianship designation: If you have any dependents who rely on you for support, then you can use your will to designate who will become their guardians when you pass away. Guardian designation for minor children is an important reason for making a will.
  • Simplify probate: When you pass away, your estate will be examined in probate in accordance with your will to make certain everything is in order and your assets are distributed properly. If your will is not thorough and technically correct — or you do not have one at all — then the probate process can become much more complicated and take much longer to conclude.
  • Minimize taxes: Estates are subject to federal death taxes if they exceed the current exemption amounts. A proper estate plan can minimize or even eliminate federal death taxes, keeping more assets in the estate for loved ones, rather than Uncle Sam’s coffers.

Who Should Have a Will?

Anyone who is making an estate plan should consider making a will, too. If you have any titled assets, dependents, or a family-run business you want to put in good hands, you should be thinking about creating a will already.

Many people who make a will do so knowing that they can update it as often as they like. Whenever a major life change happens, you should speak to your wills attorney again about updating it.

Want to know if you should be making a will? Contact us online or call our Bryan wills lawyers at (979) 300-7406 now.