Just before her 80th birthday, Ernest (“Big Daddy”) Bux’s octogenarian Auntie Delusional (Auntie Del) died without a will or any other estate plan in place to give guidance to her husband (Uncle Tom) and their two adult children. “Who needs one?” was her retort for decades. And, “Wills are so over-rated.” Was Auntie Del right? Is a will or other estate planning really necessary?
Last Will and Testament
Last-Minute Wills….What Counts?
By Cleve Clinton on
Monitoring his emails and gazing at the sights on Elafonisi beach in Crete, attorney Al B. Wise receives a desperate 4:30 a.m. (Texas time) email from his best client Betty Makit Williams – “Going under Slim Cutter’s knife in four hours for emergency surgery. No will. Can you get me one in case I don’t make it?” Sadly, Betty Makit did not make it. Did her will on a Post It?
Yes, at least in Texas. Knowing that a formal will was out of the question, Al B. Wise advised Betty Makit to write a holographic will – her last will and testament, completely in her own handwriting and signed by her. In addition to a will on a Post It note, Texas heirs have successfully probated wills written on a bedroom wall and on the fender of a vehicle. Even a Canadian will of a man trapped underneath was successful by probating the tractor’s fender as the will. About half of the states permit holographic wills.Continue Reading Last-Minute Wills….What Counts?