Legal Question in Wills and Trusts in Texas
power of attorneny or a wll
we live together unmarried an if one of us pass away we want the other one to be in charge of things like the funeral an bank accts . witch are in separet names .an we both have grown childern who we believe will not allow this to happen . we both want witch ever one is left to be taken care of . we need to know how to legaly do this without geting married . we have insurance policies made out to each other but the property we have needs to be handled legaly an the bank acct.an credit cards . please tell us what we need to get done .what paper work we need ..thank you
2 Answers from Attorneys
Re: power of attorneny or a wll
If you would like a relatively close attorney (west Fort Worth) to help you with this by either doing the estate planning or providing you with the proper forms, please contact our firm. Thanks. nemeclaw dot com
Re: power of attorneny or a wll
A power of attorney is good if one of you becomes disabled, but the powers cease at time of death. The deed to the house could be changed to a survivorship deed so title passes to the survivor automatically at time of the first to die. Bank accounts should also be designated as survivorship accounts. Depending on the size of the estate a will and further planning may or may not be necessary.
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My father dieing What to i to first Asked 6/27/08, 11:33 pm in United States Texas Probate, Trusts, Wills & Estates