Ep.618:Why You Need A Will
Manage episode 362343353 series 3254850
54% of Americans said they didn’t have a will in 2021. If you die without a will, state laws dictate who gets your assets.
Depending on the state you live in, the surviving spouse could get 100% of the estate and the children get nothing. In other states. It could be a 50/50 split. And still different in other states.
Dying without a will is called dying intestate. Kurt Nilson, a lawyer in Pennsylvania, has been keeping track of intestacy statutes and developed online calculators at heirbase.com where you can enter your family information to see what might happen if you die without a will.
Why you want a will.
1. Save time, money, and stress for your loved ones.
2. Determine who will manage your estate.
3. Decide who gets your assets and property
4. Choose who will take care of any minor children.
5. Provide a home for your pets.
6. Leave instructions for your digital assets.
7. Support your favorite causes and leave a legacy.
8. Provide funeral instructions.
Links for forming a will. Please consult with an attorney before making a choice.
Legal Zoom
https://www.legalzoom.com/marketing/estate-planning/last-will?utm_source=google&utm_medium=cpc&utm_term=writing%20a%20will&utm_content=635635283241&utm_campaign=EP_|_LWT&utm_campaignID=18930339557&utm_adgroupID=147352317030&utm_partner=googlesearch&gclid=Cj0KCQjw6cKiBhD5ARIsAKXUdybxWfLYJfwbw7IIQKAUEM12Skh2iN63fVsivJ3qwxZUixLRlvKR5f8aAnjlEALw_wcB
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