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If you don't have significant assets, children, or dependents with special needs, a simple will may work for you.

Why is important to have a will?

You can have more control over what happens to your assets after you pass away if you have a last will and testament. If you pass away intestate, or without a will, the courts will decide how to divide up your estate and all of your possessions.

The courts will also appoint a guardian for children. Your financial accounts, trusts, and life insurance policies with named beneficiares do not pass through probate court.

Create a simple will, step-by-step

  • Choose an Executor
  • Make a detailed list of property records
  • Decide your Beneficiaries
  • Appoint Guardians to Minor Children
  • Make a plan for your Pets
  • Protect your Digital Legacy
  • Print your will
  • Change or Update your will as needed
  • Abide by your State's Estate Laws

Changing my will

You should review your will at least every 3 years, but you may not need to change your will each time you review it.

You should also review your will when the following events happen:

  • Your children recently reached the age of 18
  • You gave birth to or adopted a new child
  • You have a new grandchild
  • You were recently married or divorced
  • someone named in it passed away, you would like to provide for a charitable organization
  • If the value of your estate change significantly
  • You started a new business
  • Tax laws in your state or country changed
  • You recently began taking distributions from your IRA or 401(k)
  • Or you moved out of state

What is included in the will?

According to your state laws, a will is your statement of wishes. Depending on your needs, it can be a simple or complex will and has the same legal effect.

In a simple will, you can name someone to administer your estate, name your beneficiaries and give them money or property, and name guardians for your minor children.

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