How to Write a Will in Texas
Creating A Will Online Or With A Lawyer
Subscriber Account active since. Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, like American Express, but our reporting and recommendations are always independent and objective. A lot of people avoid estate planning because, well, it's just not very fun to think about. But if you have assets you'd like to leave to your kids, spouse, or other relatives — or minor children that will need a guardian — the absence of a will can complicate things. The good news is that unless you plan to disinherit a spouse or child, or you have a large estate involving trusts, you probably don't need to meet with a lawyer to create a will.
How to Make Your Own Will and Testament in Texas
Drafting a last will and testament allows you to decide how you want your assets divided among your heirs after you've died. Should you choose to revise an existing will, you can make any necessary changes simply by adding a properly prepared addendum. You can add an addendum to a pre-existing will by drafting the necessary legal documents and ensuring that they are signed and dated by yourself and witnesses. You will also need to include a self-proving affidavit which states that the will's addendum is valid. An addendum, also known as a codicil, is a legal document that allows you to modify an existing will without revoking it in its entirety.
Will the last will and testament you made in Florida still stand if you later move to New Jersey and die there? Like many aspects of estate planning, the answer to this question is: It depends. If your last will and testament was created and signed with the proper formalities as required by the laws of your former state, it should still be considered valid in your new state. Otherwise, it would not be honored in either jurisdiction.