Why do I need a Will?

 

Why do I need a will?

Why do I need a will?

Dying without a Will involves a potential for a number of unintended consequences. Your heirs will be only too aware that something was not done that should have been done. You need a Will so that you can leave your property to whomever you choose and to protect this desire. Having a Will can avoid the additional expense of having two lawyers go to court just to determine who your heirs are after your death. Not having a Will can increase the risk that more taxes may be owed by your estate as the benefits of tax planning would be lost.

If your estate passes to minor children, there will be a need for a guardianship to manage the property until your children come of age. The Will can designate the guardian of your children and these are just a few of the important advantages of having a Will.

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