I don’t have a Will because:
I am too young to need it.
I don’t have much.
I don’t have much family or kids.
I don’t have a lawyer and if I did it would be expensive.
I am not sure who I want to inherit.
I know I need to do this, but I am busy.
Are you answering to any of the above? Consider the following:
It does not cost a lot to do a simple Will. It may save your family & friends from some hard decisions later. It will save strangers (the Courts) from deciding on your behalf, and getting paid to do so.
Everyone needs a Will for after they are gone; a Medical Directive for their emergency health decisions; and a Power of Attorney, should they be alive but not able to take care of business.
To start the process:
- Think of who you would put in charge in an emergency and talk with that person to see if they are willing. (If you have a child in need of a guardian, that person needs written permission to act on your behalf.)
- Write out any heirs you want to bless.
- Write your medical choices and end-of-life preferences.
- Then when you have a plan contact an Estate or family Attorney. There are some cheap on-line templates, but this is not the best way to go. See a lawyer if at all possible, they can look at your plan and fine tune it for the best possible result.
It is much easier to plan before you have a crisis. You and your loved ones will have more peace of mind after you do this. Because where there’s a Will, there’s a way.