4 Reasons You Need a Will
If you don’t have a completed will, chances are at least one of two costs have gotten in the way: time or money.
But have you considered the price of not having a plan in place?
- Court – Without a will, your resources will be subject to a lengthier legal process to determine who gets what. This will delay distributions, and a larger portion of your estate will go toward court and legal fees.
- Complications – Some people assume their resources will automatically go to their spouse, children or next of kin. That’s not always the case! Depending on where you reside, your state has a matrix to decide where your distributions go, and it may not align with your wishes – especially if you have charitable intentions!
- Conflict – All families face conflict at one time or another, especially in times of grief and uncertainty. The lack of a plan accentuates the tension!
- Chaos – What were your intentions? Who should benefit from your plan? Who is in charge of making decisions? Without a plan in place, your loved ones will have far more questions than answers.
Here’s the good news…
By documenting and communicating your intentions, you can protect your loved ones from unnecessary delays, costs, uncertainty and turmoil. Your thoughtful planning will provide them the incredible gifts of clarity, comfort and peace of mind.
