intestate

Many Americans neglect preparing a Will, for a variety of reasons.  The most common reasons given are that they are too busy, they don't want to think about death, they don't know who to distribute their property to, and they wish to avoid the cost and time involved.

While everyone should execute a Last Will and Testament, many people never really get around to it.  When death occurs prior to the proper execution of a valid Last Will and Testament, the decedent is known as an "intestate".

People often wonder why family members, financial advisors and lawyers recommend having a Will as part of a complete estate plan.  Today's blog will address some of the benefits of having a Last Will and Testament.

WHAT IS A WILL?