• Carmen Zajicek

3 Times You Should Update Your Will

Planning your own will takes a lot of courage. It’s not easy to write down how you want events to unfold after you die, but you need to start somewhere. You need to specify with who gets what if you don’t want your heirs to get into legal conflict once you pass away.

Here are situations that call for an update in your will:

After a major life event

If your life has taken a major turn recently, the change should reflect in your will. Whether you’ve just gotten married, divorced, or had a baby, it could trigger another look at your will. The same could happen if you’ve fallen out with a close friend or a family member who was previously named in the will.

Similarly, if you have a family member named as executor of your Will, but whose health has deteriorated over the past few years, then you should probably consider naming a different executor, expecially if you don’t have a good successor executor already named in your Will as a backup. If you’ve named someone as your children’s guardians and you think their ability to care for your children has weakened then you could also consider naming a different guardian for your minor children This will make sure you don’t burden the original guardian too much. {please change the below picture b/k we can’t have people in our pictures}

We know that tackling all of this legal paperwork might be the last thing on your mind during certain life events, but it can be extremely beneficial to at least speak with a qualified attorney to discuss the seriousness and potential pressing need of your new situation.

Poor health

According to legal experts, if you’re dealing with a terminal illness or a degenerative disease, you might want to get your lawyer to help you write a will. You can hire an attorney to flesh out your needs, review and update your Will. . The urgency of the situation is that you need to do it while you’re still alive and with capacity because you might not have the mental oremotional ability to do so later on. We understand that confronting your own mortality is not easy, but situations like these require you to make big decisions.

If your spouse is dealing with a terminal illness, we recommend speaking with an attorney right away because this is a serious situation that requires delicate care.

If your health is beginning to fail, then it’s extremely important to make sure that you have a valid durable power of attorney in place so that the right peole are validly named to have the right to make certain decisions for you either now or in the event of your incapacity. It could be an advisor, a close friend, or a family member who could look after your legal and financial matters if your health deteriorates.

New real estate purchase

Your Will may also need to be changed if you’ve acquired or disposed of new assets. If you’ve purchased new real estate property, you may not need to make changes to the will. However, if you want to bequeath your newly acquired assets in a different manner than the reside of your Will, then you need should consider updating your Will to accommodate your true desire for that newly acquired real estate

Are you looking for a will attorney in Houston? The team at Mike Massey Law has local attorneys who would like to speak with you about your Houston Estate Planning needs.. We also have specialized estate planning attorneys, living trust lawyers, and probate attorneys in Austin that offer reliable services for competitive fees.

Call us at 888-407-2407 for a free initial 10-minute consultation to get started.

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Mike Massey JD, MBA, MPA just might be the 195th most interesting person in Texas. He has 4 college degrees and he's working on a 5th:  BBS Accounting; MPA Master's in Professional Accounting; JD Law Degree; MBA Master's in Business Administration; BBS in Biblical Studies (in progress).

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© 2020 Mike Massey Law.  Managing Attorney Mike Massey, 8911 Capital of Texas Hwy, Ste 3210, Austin, TX, 78759.  Email: mike@MyTxWills.com.  Phone: 888-407-2407.  Mike Massey, Texas Bar # 24032584. The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for advice regarding your individual situation. We invite you to contact us and welcome your calls, letters and electronic mail. Contacting us does not create an attorney-client relationship. Please do not send any confidential information to us until such time as an attorney-client relationship has been established. Privacy Statement.  Prices can vary based on your unique situation and potential add-on services.  Prices for in-office (in person) meetings typically cost more than virtual meetings that are done over the phone instead of in person.  Prices for virtual estate planning do not include an execution ceremony or notary, as those services are not available with our discounted virtual estate planning packages. If your a personal injury case client on a contingency fee, then if we do not win, you will not be responsible for attorney's fees, court costs, or litigation expenses, but if we do win money for you via a settlement or court verdict, then attorney's fees, court costs, litigation expenses and unpaid medical bills will be taken from your share of the recovery. Mike Massey Law is not responsible for your unpaid medical bills.

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