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Where There’s a Will, There’s a Way

Sarah Savasky
August 7, 2014

It’s true that not everyone will benefit from a trust as part of their estate plan, but most people will benefit from a will. If you have a will you have a way to make very important decisions that could have a huge impact on your family after you’re gone.

Without a will you are letting the government make those decisions for you. Here are some of the decisions the state gets to make if you die without a will (also known as dying intestate).

The state gets to decide who your property goes to. mystatewill.com

  1. The state gets to decide who will be the executor of your estate.
  2. If you have minor children, the state gets to decide who will become their guardians and manage their estate.
  3. Your estate will pay the government to make these decisions for you.

Most of us don’t want to think about our death, so we put off making important decisions, but it’s important to realize that if you don’t decide, the government will do it for you.

 

 

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