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Wills Overview

Navigation:  Home > Probate, Trusts, and Estate Law > Wills Overview

 

Writing a will is much less complicated and less expensive than you might think, which is good since 70 percent of us donít have one. And, if you donít make a will, you wonít have any control over where your property and assets go after you pass away Ė whether expected or unexpected. Without a will, in fact, your stateís law will determine what happens to your property and assets by means of something called ďintestate succession.Ē Under intestate succession, your property and assets will be distributed to your spouse and children, or, if you donít have children or a spouse, it will be distributed to your relatives according to state law. If you donít have any relatives, your property and assets will likely be given to the state. Finally, without a will, you wonít be able to determine who cares for your children after you pass away Ė a court will.

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