Although there has been much discussion recently about the advantages of avoiding probate and not relying on a will, in reality, for most Texans, a simple will that can be easily probated is far cheaper than the more complex forms of estate planning now being sold in our state. While there are some restrictions on bequests (gifts) you may make or conditions you may impose, in Texas a will is a necessity. It gives your heirs guidance at a difficult time and it gives you piece of mind in knowing that your last wishes will be carried out. Couples with small children are especially in need of a will in order to more easily transfer property in the unfortunate event of a spouse passing away. Most attorneys charge only a nominal fee to draft a simple will and even more complex estate planning, such as that designed to avoid inheritance taxes, is generally money well spent. If you are in the Dallas/Fort Worth area call Michael Hrabal at 817.335.3200.