5 Reasons to Write Your Will Now
In this Video:
The process of writing a will can feel scary, overwhelming, and time-consuming. Studies show that 50 to 60% of Americans do not have one. However, creating a will is the cornerstone of every estate plan. On this episode, I’m going to give you five reasons why you should write your will now and the best ways to get started.
Things to COnsider:
At the end of the day, the last thing anyone wants to do is make their passing harder for grieving loved ones. Establishing a will now, guarantees your family won’t have to jump through hoops just to settle your estate. Having a will cuts down on time and probate costs because it’s immediately clear who should get what. It also prevents the likelihood that your estate will be contested and avoids family drama during an already difficult time.
Key Points in This Video:
0:00: Intro
1:08: The Importance of Having a Will
1:44: You are Charitably Inclined
2:21: To Maintain Control
4:09: To Protect Any Children That Are Minors
4:55: Create a Legacy
6:45: For Simplicity
8:36: How to Create a Will