To create a good estate plan, you must assess many different factors and work through potential scenarios. Assets must be properly valued, beneficiaries and trusts appropriately titled, planned executors etc… To create a one of a kind estate plan, make it personal. Include personal recordings, documents, stories, anything that your family can remember you with in the future.
No — Video wills or any sort of digital will is not recognized by the courts in Texas. However, they do still hold great value. It provides a chance for the family to receive a final message from their loved ones after they have passed, a way for them to be remembered for who they were.
Estate planning may not be for everyone, but it is for most. Whether you have high-value assets, children, family members, or a business, there should always be a plan in place if anything were to happen to you so that your best wishes are carried out.