One of the most common reasons Texans don’t have a will in place is that they think they don’t need one. But without a will, who will inherit your assets? Your kids, your spouse, your parents? The answers might surprise you.
This simple form will help you understand what’s referred to as “intestate succession,” which simply means how your assets are divided if you die without a will in Texas. The state has an inheritance law formula that they use to decide who will get your assets. It depends a lot on your life circumstances – whether you’re married, divorced, have kids, parents or siblings, etc. Answer these simple questions below to find out how your estate would be divided without a will in place.
For more on the estate planning process, including how you can still get your estate planning done without spending a fortune, read our Ultimate Guide to Estate Planning in Texas (link).