If you’ve done some research into estate planning, then your first impression of it is that it’s difficult, expensive, and probably a waste of time, right? This couldn’t be further from the truth, especially with our McAllen estate planning lawyers helping you out. Let’s say you decide not to go through with your estate planning. What can happen? The consequences can potentially leave things a mess for your friends and family after you pass.
An estate plan can provide directions when it comes to your children’s care. Namely, you can appoint a legal guardian if they’re underage. However, without an estate plan, your children’s futures may fall into the hands of a court.
Without a will, a probate court classifies your possessions and determines if they’re separate or community property. Separate property includes possessions you amassed before marriage, which don’t have to be distributed.
Community property is earned during marriage and can be split amongst family at the court’s discretion. Keep in mind that probate courts tend to focus on spouses, ex-spouses, and children without much consideration for others.
Your Medical Care
Let’s say you fall ill and can no longer care for yourself. Without a will, a probate court will assign a healthcare guardian for you. This person can make several major decisions on your behalf, including hiring legal representation to maintain your estate and advocating for your well-being if your family disagrees about your care. However, with a will, you can avoid any potential issues by assigning your own guardian and mapping out the steps to be taken for your health and future.
Contact Our McAllen Estate Planning Lawyers
Creating an estate plan is, without a doubt, one of the most responsible things you can do for yourself and your family. So, don’t wait any longer. Contact our McAllen probate lawyers today to learn more.