Why You Shouldn’t Wait To Write A Will

Everyone will tell you that you should be planning in life. Planning for a home, a marriage, a retirement and more – there is a lot of planning involved in a life. One of the things that you shouldn’t wait to plan for is your Will. There is no perfect time to write a Will, because you should be writing one today if you don’t have one.

Why you need a will now

You may think that you’re too young to write one, but you’d be wrong. Your Will is going to dictate exactly what you want to happen after you die, and if you don’t have one in place, your family and friends are not going to know your wishes.

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In your Will, you should also include things like your funeral, which cemetery headstones you want and how you want your wake to go – if you want one. There is never a nice time to think about this stuff, but given that death is a guarantee it’s just smart to ensure that you have your ducks in a row. So, with this in mind, we’ve put together a few of the reasons you should be writing your Will now.

 

• You provide instructions. If you don’t dictate where you want your money and assets to be, the state will dictate it for you. A Will enables you to tell the world how you can manage your money and assets after your death. So, if you want to ensure that you can provide for the younger members of the family in the form of college money or money for their future, a Will is the place to start.

 

• Offering security. Did you know that if you are unmarried but with a partner, your partner won’t automatically get to be a part of your Will? If you want to ensure that a long-term partner will get a piece of your life, you should have a Will in place. Your ability to share will depend on whether you write it down.

 

 

• You can name an executor. You get to choose someone to read out your Will and ensure that everyone you choose to be a part of it receives what you need them to get. You may not want your parents going through your information; you might choose someone else, instead. There’s a level of privacy that comes with a Will, and you get to be a part of it!

 

• Your pets will benefit. Yes, this is a thing! You can be obsessed with your pets as much as you like, and you can even include them in your Will if you want to. Pets can be left in your Will and you can ensure that they are left with the best possible care when you die.

 

 

• You get to remain organized. It’s so important that you keep your life as organized as possible, right? Well, you should concern yourself with keeping your death organized, too.

A Will is a must and there’s no reason to wait until a Monday to get it sorted out! Consult with an attorney to properly set up your will.

 

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Good luck!

Ken Boyd

Author: Cost Accounting for Dummies, Accounting All-In-One for Dummies, The CPA Exam for Dummies and 1,001 Accounting Questions for Dummies

(email) ken@stltest.net

(website and blog) https://www.accountingaccidentally.com/