Episode notes
Arranging a will is important for several key reasons:
- Control Over Your Estate: A will allows you to decide who will inherit your assets, from money and property to personal items. Without a will, your estate is distributed according to the law, which may not align with your wishes.
- Protecting Loved Ones: You can ensure your loved ones are cared for by naming guardians for children or dependents. You can also make provisions for pets, ensuring they are looked after.
- Appointing Executors: You can name trusted individuals or institutions to handle your estate. This ensures that your wishes are followed and your estate is managed properly.
- Avoid Intestacy: If you pass away without a will, the state determines how your estate is divided, which migh ...