Aretha Franklin, Howard Hughes and the singer, Prince, all did it. Actually, they didn’t do it. They died without a will and left their families and estates in chaos.
If you don’t have a will, your state’s laws determine who gets everything.
You don’t have to spend a fortune to get your final documents prepared. Online sites such as freewill.com allow you to create your will free of charge.
Make sure you learn about your state’s special laws to avoid any conflicts. Include details about your funeral to get the send-off you want. Check with your executor to make sure they want the job.
And, you can’t leave insurance and retirement assets using a will. You must designate your loved ones as beneficiaries.
Take the time to create your will and other final documents. In this digital age, it just couldn’t be easier.
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