A Last Will & Testament is a legal document that outlines the final directives of a testator, a person who makes the will to distribute his or her estate among beneficiaries upon death. A choice provides the testator to choose who inherits certain portions of his or her estate, such as real and personal property, fiduciary assets, insurance policies, financial accounts, and other assets or property. A testator’s beneficiaries are usually spouses, children, friends, blood relatives, and charitable organizations. However, the testator can select any individual or entity as a beneficiary of his or her estate through the will. Usually, a choice also designates an executor, an individual who carries out the terms of the will and directs how the decedent’s property is distributed. In the absence of a Will, Texas has a statute that acts as a substitute and determines who receives the decedent’s property. A Will can establish testamentary trusts to protect assets for children, special needs adults, or disabled adults.

Power of Attorney allows you to authorize an individual who will manage your affairs and make important decisions on your behalf in the event you are unable. There two distinct types of powers of attorney, Durable Power of Attorney and Medical or Health Care Power of Attorney. Durable Power of Attorney allows you to name an individual who will be authorized to manage your business and financial matters. Medical or Health Care Power of Attorney allows you to authorize an individual to make important medical decisions, such as medical procedures, treatments, and placement in a long-term care facility or nursing home, on your behalf.