Letter of Testamentary
A letter of testamentary is essentially a document that is issued by the court or public official authorizing the executor of the Will to obtain control of the deceased’s estate. So what does this mean exactly? It means that it’s legal proof that the person who is going to be the executor to have control of the estate. The executor is responsible for a variety of things. For example, it’s the executor’s job to inventory the estate, pay off outstanding debts, and distribute the estate accordingly to the Will. When dealing with banks or other financial institutions, estranged family members, or anyone else he doesn’t know, this letter is the proof that you will need to get business done accordingly. By having a letter of testamentary, the whole process of dealing with an estate after a loved one has died can be much simpler.
Have the Letter Drawn Up Before It’s Too Late
The letter of testamentary is just as important as the Will itself. The problem, however, is that many people procrastinate on getting these documents drawn up. This, of course, is very problematic as before you know it, it’s too late. If your loved one never gets the Will or letter of testamentary drawn up and then passes, you being the executor are going to have a much tougher time trying to handle the affairs of the estate. It is for this reason that you need to have all estate planning documents completed as soon as possible. This includes the Will, the letter of testamentary, the muniment of title, or anything else. It’s something that you don’t want to think about because all of this means the inevitable passing of your loved one. But you’ll want to do yourself a favor and go and get these documents drawn up before it’s too late.
Estate Planning Attorney in Wylie, Texas
In order to get these documents drawn up, you need a competent law team that knows the ins and outs of estate planning in Texas. This way you know that the documents you have drawn up will be right and true and legally binding. If you need to take the uncomfortable step of having documents drawn up for estate planning, contact Edmondson Law, PLLC today. Our expert team of lawyers will help you all along the way through this complicated process.
Information, Not Legal Advice. We provide the information on this website as a public service. The legal landscape is constantly changing and being modified by state law and case law. As a result, we cannot promise that this information is always up-to-date and reflective of the most current jurisprudence.
We do not intend this information to be legal advice. By providing this information, we are not acting as your lawyer. If you need legal advice, you should contact a lawyer through our number (972) 442-8326 or contact another attorney of your choosing.