Why do I need a Will?

A will is a legal document that outlines how a person’s assets will be distributed after death. There are several reasons why it is important to have a will:

  1. It ensures that your assets will be distributed according to your wishes rather than being
    determined according to state law.
  2. It can help prevent disputes among your loved ones over the distribution of your assets.
  3. It can be used to provide for children or other family members who are unable to care for
  4. It can be used to name a guardian for a minor child and ensure they will be cared for by
    someone you trust.
  5. It can be used to name an executor who will be responsible for managing and distributing your
    assets according to your will
  6. It can help minimize estate taxes by allowing you to plan for the distribution of your assets in a
    tax-efficient manner.
  7. It is important to note that without a will, the state will decide how your assets will be
    distributed, which may not align with your wishes or what is best for your family. Additionally, if
    you have minor children a will is imperative to appoint a guardian for them.