No Will?Do you have a Will? What? -- No Will? Why not?I know, we all have a problem with making out our wills... we have to talk about Death, and nobody really wants to go there. Let's put it off -- maybe tomorrow, maybe next year... What is a will? A will is a legal document, correctly written to follow the law, where you have the ability to say where your personal property goes. Who gets what when you die? If you have a will, you choose who gets what (and what dollar amount out of your estate). If you have no will, the courts make those determinations. Some small estates might get by with a handwritten will, mostly to determine who gets your personal things at your death. Why you need a will: Bottom line: The wil protects all of your savings and everything you own. Return for more Estate Planning articles. New! CommentsPlease consider leaving your two cents... questions and comments about what you just read! It only takes one retirees thoughts to help another retiree... |
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