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Services Offered
Announcing our NEW LOCATION
Announcing our NEW LOCATION
The Law Office of Mike Wallace can help when it comes to estates and probates. We'll help make sure you have everything in order when it comes to your own living will, power of attorney, and medical power of attorney.
We will ensure everything is legally followed when it comes to wills, estates, or any contests of wills. We can help you make sure your loved ones' wishes are fulfilled.
Announcing our NEW LOCATION
Announcing our NEW LOCATION
Announcing our NEW LOCATION
We are excited to announce the opening of our new location in Jacksonville, TX.
We now offer services in Tyler, Longview or Jacksonville.
Tyler: 6793 Old Jacksonville Highway
Longview: 911 NW Loop 281, Suite 211-32
Jacksonville: 7415 State Highway 110 N
Call today to see which office will suite your needs.
903-594-4451
Frequently Asked Questions
Announcing our NEW LOCATION
Frequently Asked Questions
Q: What happens if a person dies without a last will?
When a person passes away without a last will, the person's assets are probated or passed through the courts for distribution according to the laws of intestacy. In other words, the deceased person's assets will be distributed according to the laws of the state—not necessarily according to the deceased's wishes.
Q: What happens after someone who has a last will passes away?
The probate court disposes of the assets in accordance with the last will and the law.
Q: Is there a minimum amount needed to create a will ?
No—a person can create a last will to dispose of assets worth $10 or $10 million. Of course, the distribution of those assets can have tax implications. For that reason, it is important that you understand how inheritance will be taxed as you make your estate planning decisions.
Q: What is the difference between a living will and a last will?
The basic difference is that a last will is used to dispose of assets after death. A living will can be used to provide health care instructions in advance, such as whether or not life support is desired.