CHAPTER 6You Don't Have a Will? Big Trouble!

There's no way to get around it. Thinking about death is downright depressing. The emotional burdens of merely considering it can easily overshadow any financial or legal planning. However, not writing your will and failing to do even the most basic estate planning can have disastrous effects on your loved ones and other survivors.

Let's take a closer look at how property is transferred to your heirs if you die without a will. If you die without a will, you are said to die intestate. In essence, you have delegated your last wishes to your state legislators. Your unwritten will reads something like this:

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