Drafting the Last Will And Testament: Details You Should Know
Summary 1. This presentation is about drafting the last will or testament. 2. Read about the properties you can include in a will. 3. Know who will be the beneficiaries of your will.
Introduction 1. Last will determines what happens to your assets after your death. 2. It lists down the conditions that are to be followed when you are no more. 3. It helps in avoiding conflicts among your successors. 4. It is drafted by a legal expert or an attorney.
Assets You Can Include in Your Last Will 1. You can list the distribution of your assets in your testament. 2. Following assets/properties can be included in your last will: • • • •
Real estate Intangible personal property Cash (money in bank accounts) Unproductive property
Beneficiaries of Your Last Will/Testament 1. You can make any individual a beneficiary in your will. 2. In most cases, the following individuals are the beneficiary of your will: • • • • •
Family members Children Guardians Relatives Business partners
How Do You Draft Your Last Will? 1. Get in touch with a probate attorney in Houston, Texas to draft your will. 2. At Lone Star Lawyers, we offer legal services in the following areas: • Probate law • Collections law • Business dispute resolution 3. Visit https://www.lonestarlawyers.com/ to