Do I need a will?
Do you have one? Your financial "worth" has
little to do with your need for this important document.
A Will provides for an orderly transition of property
— even those items of a personal nature that
may have only
"sentimental value" can usually be passed
on the basis of your wishes.
If you don't have a Will and die, most states have
laws governing who and how your assets will be handled.
This includes financial matters as well as assignment
of guardians for your children.
Your Will should be reviewed every few years to take
advantage of any changes which may occur in the tax
law. Upon your death, your Will must be probated and
your estate administered. Wills are very important and
while they necessarily do not have to be difficult,
we recommend that you seek professional assistance in
this area.
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