Why You Need a Will and the Consequences if You Die Without it
Friday, October 8, 2021 IST
If you think Wills are only for the rich, you are absolutely wrong. A Will is an essential part of any estate plan. It is the primary document for transferring your assets upon your death. You should decide who inherits which assets and when they should receive them. You should decide who will manage your estate as executor and/or trustee. You should select a guardian for your minor child. You should provide for the orderly continuance or sale of a family business. The following are a handful of the questions, topics, and issues you need to consider when planning for the distribution of your estate. Remember, it's easy to put off developing a detailed estate plan, but its your choice to preserve for your heirs what it took a lifetime to achieve.
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