3 Estate Planning Myths Texas Adults Believe—and Why They’re Risky
- Travis Gasper
- Jan 8
- 3 min read
Estate planning is often misunderstood as something only wealthy or older people need. In reality, estate planning in Texas is a practical, protective step for adults of all ages—especially if you have a spouse or partner, children, a home, financial accounts, or strong preferences about medical care and decision-making.
When the unexpected happens without a plan in place, families are often left dealing with uncertainty, court delays, and decisions you would have preferred to make yourself.
A thoughtful Texas estate plan gives your loved ones clarity and a legal roadmap. Below are three of the most common estate planning myths we hear from Texas adults—and what’s actually true.
Myth 1: “I’m too young to need an estate plan.”
Estate planning isn’t about age—it’s about preparation.
If you become seriously ill or injured, someone may need legal authority to make medical or financial decisions on your behalf. Without documents like a Medical Power of Attorney or Statutory Durable Power of Attorney, your loved ones may be forced to seek court approval.
If you pass away without an estate plan in Texas, state law—not you—determines what happens next. That often means probate court involvement and added stress for your family.
Even a basic Texas estate plan can help ensure:
Your wishes are documented clearly
The right person can step in if you’re incapacitated
Your loved ones avoid unnecessary confusion, conflict, and delays
Myth 2: “My spouse can handle everything.”
This is one of the most common—and most risky—estate planning assumptions in Texas.
Many people believe their spouse automatically has authority to make all medical and financial decisions. In reality, Texas law does not grant spouses unlimited decision-making power without proper legal documents in place.
Certain medical decisions, financial transactions, and property issues require specific estate planning documents before your spouse or partner can act. Without them, your loved one may face preventable legal obstacles during an already overwhelming time.
A properly designed Texas estate plan helps ensure your chosen decision-maker can:
Make medical decisions that reflect your wishes
Manage finances if you’re unable to do so
Act efficiently—without unnecessary legal hurdles
Myth 3: “I don’t have enough assets to need an estate plan.”
Estate planning in Texas isn’t just about wealth—it’s about decision-making, responsibility, and protecting the people you care about.
Even if you don’t consider yourself someone with “a lot,” you likely still have assets that matter, such as:
Bank accounts
A vehicle
Retirement accounts or life insurance
Personal and digital property
More importantly, you have people who could be impacted if they’re left to figure everything out without guidance.
A comprehensive Texas estate plan can address:
Who is in charge if you’re incapacitated
Who handles your affairs if you pass away
How to reduce stress, delays, and disputes for your family
Estate Planning in Texas: Take the Next Step
Estate planning is about control, clarity, and peace of mind—at any age and any stage of life.
At Gasper Law, we help individuals and families across Texas create estate plans that protect what matters most and make things easier for the people they love.
Start with a Peace of Mind Planning Session. During this one-hour meeting, we’ll explain your estate planning options, review our flat-fee packages, and answer your questions. If we decide we’re a good fit to work together, we’ll outline clear next steps.
The session is normally $450—mention this blog and we’ll waive the fee.
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