If you pass away without a will in McKinney, state laws dictate the distribution of your estate, often leading to outcomes that might not coincide with your personal wishes. Particularly for those without direct descendants, this can result in the state taking ownership of your assets. Proactively establishing a will is crucial for ensuring that your legacy is distributed according to your intentions.
What A Will Can Do For You In Mckinney
A properly prepared will provides the power to:
For expert guidance on creating a will that stands strong in McKinney, connect with The Werner Law Firm. Our legal expertise ensures that your final wishes are respected and effectively executed.
It is important to note, however, that your will does not cover everything. Life insurance, retirement plans, assets held in living trusts, and jointly-owned property cannot be affected by a person’s will. Your will must be signed by you as well as at least two other witnesses for it to be finalized in the state of Texas. Unlike other states, notarization is not required for a will to be legally binding. Should you decide to change the terms of your will or desire to revoke it entirely before you pass away, this can be accomplished by creating a “codicil” with the assistance of an attorney. A codicil is a document that allows you to amend or change the terms of your will and is drafted similarly.