Q. Do I Need a Will?
A. It is a common misconception that you do not need a will unless you have substantial assets. This just is not true. A will ensures that what assets you do have are distributed to the people you designate. Without a will, loved ones will have to turn to the courts to figure out who will get what.
Dying without a will can cause problems for your survivors. What happens if two people both want Grandpa's watch to remember him by? If it is not clearly stated to whom it goes, fights and personal problems can result. Emotions can run high after a death. Take a few minutes now to help your survivors sort and distribute your assets.
Another point to keep in mind is that if you have children you must have a will. You will specify who gets custody of your children on the event of your death.
Dying without a will can cause problems for your survivors. What happens if two people both want Grandpa's watch to remember him by? If it is not clearly stated to whom it goes, fights and personal problems can result. Emotions can run high after a death. Take a few minutes now to help your survivors sort and distribute your assets.
Another point to keep in mind is that if you have children you must have a will. You will specify who gets custody of your children on the event of your death.
You do not want the courts to decide this on your behalf. Take a few minutes to make your wishes know now to protect your survivors.
