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Estate Planning, 5E by Stephen Maple

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CHAPTER7

Problems with Dying Without a Will

In This Chapter

  • How your property is distributed if you don’t have a will
  • Understanding guardianship issues
  • Deciding who administers your estate
  • How spouses and children fare

If you’re with me so far, you’re making good progress in your planning. You have just analyzed and recorded what you own and how you own it, giving you a clear idea of exactly what constitutes your estate. Now we’re coming to one of the most important parts of this book—having a will prepared.

If you are at all reluctant about making your will, perhaps because you’re put off by all the decisions and details that it entails, ...

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