Making a Will – 10 Little-Known Facts You Need to Know
The pandemic has changed people’s thinking on many things, not the least of which is estate planning and making a will.
Before you sit down to plan your estate, here are a few things you need to know that you might not have considered.
If you pass away without a will, you and your loved ones will not be in charge of how your assets get distributed.
What happens if you pass away without a will?
You do need to be aware that some assets are passed on outside of the will, regardless of what you put in writing.
Some assets are distributed regardless of what your will say
Be aware that these forms will not necessarily comply with all the specifics of your state laws.
You can set up a will for free, but beware of the limitation
Making a will is just one part of the estate planning process.
There are other documents you should consider besides just a will to protect you and your family
If you are a parent, you will want to make sure you use your will to name guardians for your children.
Name guardians for your children
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