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(Or How to Avoid Probate Court in Texas)
Is your home the primary asset you own? Are your remaining assets financial accounts and motor vehicles? If so, you can probably arrange your affairs so that your beneficiaries can avoid probate.
A Will allows you to name specific individuals to receive your personal property, such as jewelry, paintings, furniture, or that item handed down through the family from generation to generation. If you have only one beneficiary, your personal property generally has no value, then a Will is not needed.
You can designate a beneficiary or beneficiaries to receive your automobile, financial accounts and your real property. If you are confident you can complete the proper paperwork on your own and properly submit it to the relevant governmental entity, you should consider doing so, particularly for financial accounts and automobiles. However, when dealing with real estate, it is wise to consult with your estate planning or real estate attorney to ensure the paperwork is completed properly so that your goals are achieved.