Importance of making a will
A will is a legal document that lets you decide what will happen to your assets after you die. Without a will, your assets will be distributed according to your state’s laws, which may or may not be what you want.
“A will is not just a document of final wishes; it is a testament of love, a legacy of purpose, and a guide to the future when we are no longer here to shape it ourselves.”
Benefits of making a will.
You can choose who will inherit your assets. You can designate a guardian for your minor children. You can choose who will manage your estate. You can reduce the amount of taxes your estate will have to pay. You can make sure your wishes are followed.
Risks of not making a will.
Your assets may not be distributed according to your wishes. Your minor children may not have a guardian. Your estate may have to pay more taxes. Your family may have to go to court to resolve disputes over your estate.
Making a will is a gift you can give to your loved ones.
By making a will, you can ensure that your wishes are followed and that your loved ones are taken care of.
When should I review my will?
You should review your will every few years or whenever there is a major life event, such as marriage, divorce, or the birth of a child.
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