No one wants to think about the end of life, but we know that we need to protect our family and friends with the correct paperwork.
A will is a useful tool to specify guardians for minor children, and to designate recipients of specific property. Additionally, a properly-drafted will allows the parent of minor children to establish trusts to provide for their children without the need of a custodianship. A will also enables a person to select an executor, who handles their unpaid debts and expenses and ensure that the provisions of the will are carried out. If selected, the executor can be designated an “independent executor” which allows the executor to act more efficiently, reducing probate costs.
Without a valid will, all these decisions are made by a court, under the guidance of the Texas Probate Code.
Daniel O'Neil offers clients comprehensive estate plans that are tailored to the clients’ specific needs. After meeting with potential clients to discuss their needs and goals, a plan is proposed. For clients who would best be served by a will, the plan will include an individualized will, a durable power of attorney, a medical power of attorney, a medical directive (living will), and a declaration of guardian.