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Drafting A Will Or Trust In Texas? Contact An Estate Planning Attorney.

Estate planning is a legal process that can benefit any individual over the age of 18. A large part of the process is protecting your assets and ensuring that your loved ones receive an inheritance in your will. However, there is so much more to it.

A will can also ensure that your children are looked after if something happens to you. Trusts can serve multiple purposes, including funding your child’s education. At Vela & Del Fierro, P.C., Attorneys at Law, we have years of experience in drafting trusts and wills for San Antonio clients.

Why Do You Need A Will?

If you die without a will, then you die intestate. In practical terms, this means that your assets will be divided by the court according to state intestacy laws. Drafting a will allows you to take control of these matters and ensure that your assets go to those you love.

For your will to be valid in Texas, it must meet certain legal requirements:

  • The will must be in writing.
  • You must be over 18 years old.
  • The will must be signed by two credible witnesses.

There are further benefits to drafting a will such as nominating guardians for your children. A Texas wills and trusts lawyer can explain the process to you in more detail.

What About Trusts?

Trusts are another estate planning document that protects your interests. There are numerous types of trusts, and they all serve different purposes.

The most common form of trust in Texas is a testamentary trust. These are especially useful if you have young children. For instance, you can set the terms of the trust so that your child receives an inheritance when they become 21 years old rather than immediately upon your death. The person tasked with managing the assets within a trust is the trustee.

To Draft A Will Or Set Up A Trust, Contact Us Today

At Vela & Del Fierro, P.C., we understand the importance of appropriately drafting estate planning instruments. After all, these set up your loved ones for the future. Contact us at 210-617-3925 or use the online form to book a consultation.