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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

Talk to Your Parents about Estate Plans

No one wants to have the end of life discussion with their parents, but it’s key to know how to honor their last wishes and manage their estate. Blogger Zina Kumok shows how to get this all-important conversation started.

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Using Professionals for Estate Planning

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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