The news of Tina Turner’s death came as a shock to most. However, recent reports from International News state that the singer knew her end was near. Before her death, she finalized her Last Will and Testament to help her family avoid possible conflict and to protect her vast estate, estimated to be worth $270 million.
What is a Last Will and Testament?
A Last Will and Testament is the cornerstone legal document of most estate plans. In essence, it directs who will receive your money and property when you die and names a person to take charge of your estate.
What Happens if You Die Without a Will?
If you die in Texas without a Last Will and Testament, the Texas Courts decide who takes charge of your estate, and the Texas Probate Code designates who receives your assets. This is why it’s so important to create a Last Will and Testament to choose who manages your estate and who receives your assets rather than following the default statutory rules, which may cause conflict. Whether you have a small or large estate, it should be protected with a Will.
What Other Estate Planning Documents Are Important?
Another article from Yahoo News states that, upon her death, Tina Turner requested to be cremated and wanted a small private funeral. In Texas, a document called a Disposition of Remains allows you to direct your loved ones on how to handle your remains after your passing. For example, it gives you the ability to state whether you want to be cremated or buried and can include funeral choices, such as choosing a private funeral like Tina Turner.
There are a variety of important Estate Planning documents to consider in order to protect your family and hard-earned assets. We recommend speaking with a qualified Estate Planning Attorney in your area.
Do you need the assistance of an Estate Planning Attorney in Texas?
Call our Dallas office at 214-974-8940 to speak with one of our experienced Estate Planning Attorneys today.