What would happen if you passed today? Would your family and friends be alright? What would happen to your home?
For 60% of Americans, the answer is “I don’t know.”
The majority of adults don’t have any end of life plan, leaving themselves as well as their loved ones vulnerable.
But it’s not too late to protect those you care about. Here are five important reasons why you should make a will today.
1. A Will Provides Peace of Mind
No one wants to think about leaving their loved ones behind. But wouldn’t you feel better knowing that they’re taken care of?
End of life planning allows you to ensure that you can still provide for your family, even in the event of an untimely passing.
By making a will today, you can rest easy knowing that no matter what tomorrow brings, you and your family will be able to handle it.
2. Make a Will Now to Prevent Future Tension
Unfortunately, deaths can bring up a lot of conflicts. During periods of grief, people are more likely to display signs of aggression that may bring up old, ugly memories.
However, a will allows you to clearly and plainly state what you’d like to leave to whom. There won’t be a need for petty squabbling.
In fact, by creating a will, you may prevent future familial tensions that could drive a wedge between those you care about or even impact their physical health. In many ways, writing a will is as much for your family as yourself.
3. Wills Are About More Than Physical Goods
Many people refuse to make a will because they believe it’s simply a document that impacts their physical belongings. On the contrary, there’s so much more to a will than that.
If you have small children, for instance, the will should state who becomes their new caretaker.
Without a will, it’s up to the courts to decide who obtains guardianship of your children.
Family lawyers like those at https://www.aleciareadinglaw.com/ note that these cases can drag on for months. In the meantime, your children may become separated and get sent to foster homes.
4. You’re Unmarried or Divorced
Have you and your former spouse recently separated? If you don’t have a will, they’re still entitled to the majority of your belongings, finances, and even part of your business should something happen to you.
Unmarried couples could be in a bind, too. Unless explicitly stated through a legal document such as a will, your partner won’t receive anything following your passing.
5. They’re Easy to Write
It’s understandable that you may believe creating a will is a difficult, expensive, and time-consuming process. But the truth is, you can start drafting your final wishes as soon as today.
It doesn’t require much to write up a will at all.
Start by documenting all of your belongings. That includes your house, vehicles, bank accounts, retirement funds, and so on.
Next, list any beneficiaries such as children or family members and choose an executor (someone who ensures that the will is carried out to your liking).
Draft your will with the help of a legal expert or by reading tutorials. Once you’re satisfied, sign the document in front of witnesses and you’re good to go.
It’s worth mentioning that you’re free to change your will as often as you’d like, so don’t worry about possible revisions.
Make a Will Today
There are so many great reasons to make a will, from making sure that your family and friends are taken care of to conflict prevention.
There’s never a wrong age to start crafting a will, so consider drafting yours today.
Want to get started? Use our easy template to take all of the guesswork out of creating your will.