
Yes, You Need a Will
51% of Americans 55 to 64 do not have a will despite the fact that a well written will can ease the process for survivors by settling things quickly, transferring assets promptly and reducing the tax burden. If you die without a will – “intestate” – you have no control over what happens to your estate or your children. The state has control. In most states, without a will in place, half your assets will go to your spouse and the other half to the children. This can get ve