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Last Will Children  Form

Last Will Children Form

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hi my name is Isaac shut I'm a wills tress and probate lawyer headquartered in Richardson Texas today we're going to talk about those special provisions that parents ought to have in their wills when they have minor children so a lot of us understand that when you die your will gives away your assets to your beneficiaries after your death and that seems really common sense but guess what parents if you have minor children your will does more than that okay so here are a couple of things that extra things that your will does if you have minor children now the first thing it does is establish a trust see under Texas law and probably most states laws you can't give property directly to a minor that's because they're incapacitated by way of being a minor so your way of getting your way of getting around this is by having a trust set up in your will so this says when you die all of the assets go into a trust which would be managed by a trustee for the

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