"We must reject the idea that every time a law's broken, society is guilty rather than the lawbreaker. It is time to restore the American precept that each individual is accountable for his actions. " - Ronald Reagan

Texas Wills

Here we will briefly cover some of the items you need to know about Texas legal wills, probate and TX online wills. A will is a legal document that details the last wishes and directs the distribution of property and assets to named heirs after a person's death. It is vital that you create a legally binding will prior to death or the Texas state court will determine to whom and how your property will be distributed, with a judge in final authority over your assets, possessions and possibly children's welfare.

How Do Texas Wills Work?

Texas recognizes the ownership of two types of property, namely Real and Personal Property. Real property includes land and any improvements associated with the land, mineral, gas and oil rights. Personal property includes all possessions not classified as real property. Personal property can include but is not limited to, bank accounts, insurance settlements, houshold items, automobiles, investment instruments such as stocks, bonds, gold coins, and government or employee retirement benefits still owed.

Property ownership in Texas is classified as either separate or community. Community property is any and all property acquired while being married by either spouse in the relationship while separate property is any property acquired prior to the marriage.

Texas Living WIll

A Texas living will should not be confused with a last will and testament dictating the administration of assets in that it instead serves as a guidance for medical treatment decisions in the case you are incapacitated or unable to voice your choices due to a medical condition.

Texas Probate Wills

Filing for probate on a will in Texas is the process by which the decedents estate and assets are administered as dictated by the last will and testament (court recognized as legally valid in Texas). In many cases the process is straightforward, but we recommend you seek a free probate case evaluation from an experienced texas probate lawyer in order to ensure your interests are represented.

Texas Probate Law

Congress failed to extend the federal estate tax, so it is repealed for persons dying on or after January 1, 2010. However, Congress may reinstate the tax early in 2010 -- possibly retroactively -- and the estate tax comes back automatically in 2011. This presents problems for persons who have significant holdings of appreciated assets, since the repeal of the estate tax means a loss of the "free" step-up in basis at death.

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