You work hard every day to own a home, buy the things you want, provide for your kids and pets, and live your version of the American dream. But what happens to all your property – and your kids and pets – when you die? As a document that dictates how your property will be distributed following your death, a will is one of the most important documents to have in your estate plan.
If you still are not convinced that you really do need a will, keep in mind that if you die without one, your estate will be intestate. This means you will have no say in what happens to your personal belongings, property, and other assets after your death, and their distribution will be up to the laws in your state. It is doubtful that these general laws will align with your personal desires when it comes to dividing your estate.
For that reason, nearly everyone needs a will. But you should definitely make creating a will a priority if you are married, have minor children, own real estate, have investments in the stock market or other ventures, or own valuable items, like cars, furniture, fine art, or jewelry.
When it comes to creating a will, you are always better safe than sorry. Although thinking about your death can be a tough subject to face, our law firm makes it easier on you and even easier to create your will. Stop procrastinating this essential part of estate planning and give our office a call today if you do not already have a will.