One of the most important legal documents that we’ll put together in our lives is our last will and testament, but many of us put it off and put it off. But if you’re under 40 and don’t have a will, now is the time to do it! Don’t put it off! Shockingly, over half of Americans who are between the ages of 55 to 64 don’t have a will and generally speaking, almost 65% of Americans don’t have a will. Having a will protects you and your assets from disputes that can get nasty after your death and ensures that the people, institutes, or organizations that you cared for during your life receive a monetary sum or assets. Being in touch with lawyers about your will is a good first step towards getting all your affairs in order.
What Does a Will Cover?
A will is a legal document usually drawn up by lawyers that has all your wishes on how your property and assets will be given out after your death and what will happen to any minors still under your care at the time o