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Overview

"I don't care what happens to my stuff. I'll be dead." Many people assume a will is just to divvy up their knick knacks and record collection. But the truth is that having your wishes in place while you're living is like insurance for the decisions you've worked so hard to make during your lifetime. If you don't make a plan, you are essentially electing the default plan (also known as intestacy). Every state has a set of laws for people without a will, and the state could decide what happens to all of your belongings (and even your kids). Defining what you want to happen later means being free to live the life you want right now.

Recommended Reading

Using Professionals to Estate Plan

When blogger Lindsey Boycott’s father passed away unexpectedly without a will, she was left struggling to handle his affairs. She shares why it’s important to start estate planning now, even if you’re young.

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Estate Planning for Grownups

The estate planning discussion isn’t a fun one to have, but it’s important to discuss creating a will, advance health care directive, life insurance, and disability insurance with your loved ones.

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Any third party resources or websites referenced above are not under our control. We cannot guarantee and are not responsible for the accuracy of the resources, websites, or any products or services available through such resources or websites. Society of Grownups does not give tax or legal advice. You are encouraged to seek advice from a tax or legal professional.