Imagine you have a good amount of money saved up, a pricey car, and other valuable assets, but you didn’t leave any instructions about what should happen to them if you pass away. Lacking an official estate plan, the government may step in and unilaterally decide what happens to your belongings…and they might not go to the people you want. This is why planning ahead is so crucial—it keeps you in complete control.
If you die in Texas without good estate planning, dealing with your estate can be expensive and stressful for your loved ones, and take a long period of time in Dallas County. This is why having an estate plan in place, even a simple will, is as important, or maybe even more important, to families of modest means as it is for more wealthy families.