According to a 2021 Wills and Estate Planning Study from Caring.com, only about 1 out of 3 American adults (32.9%) have a valid will or estate plan. Having a will is one of the most essential steps you can take when planning for your future. Whether you have a small or large estate, creating a last will and testament allows you to decide what happens with your estate after you have passed away. Creating a will also allows you to protect your assets and make adequate provisions for any children you may have and other family members.
If you are considering drafting a will and are looking for reliable legal guidance, call or reach out to my firm, K.E. Bradley Attorney & Counselor at Law, today. I have the resources and experience needed to guide and assist individuals like yourself on a variety of different estate planning issues, including wills, trusts, probate, and guardianship. I would be happy to sit down with you and discuss your unique situation. Together we can explore all of your estate planning options and discuss what makes sense for you and your family. Whether you are drafting your will or updating an existing estate plan, I can guide you through every stage of the legal process and help you navigate any key decisions along the way. My firm is proud to serve clients throughout Missouri City, Texas, and the surrounding areas of Sugar Land, Katy, Friendswood, Pearland, and Fresno, Texas — so call today to learn more about how I can help you with your will or estate plan.
Overview of Wills
A will, often referred to as a last will and testament, can be described as a legal document that indicates how a person (the testator) wants their estate, including any assets and property, to be distributed to beneficiaries or disposed of upon their death. A will can be used as a tool to ensure your exact wishes are carried out after you pass away. Drafting a will can enable you to do the following:
- Decide what happens to your assets or who receives certain property upon your death
- Bequeath your assets to a spouse, heirs, relatives, and other dependents
- Give specific instructions about how you want your estate to be administered
- Name a trusted person (guardian) to manage the inheritance you leave for any minor children
- Gift personal belongings for your family members
- Give gifts to schools, non-profits, and other charitable organizations
- Appoint a personal representative to administer your estate according to the terms of your will
- Choose a caretaker to care for your pets