Writing a will is an important step that many procrastinate. The reason may be that it is uncomfortable to think and plan about your own death. Or perhaps we think that we still have time or that making a will is expensive. However, a will is one of the most caring things we can do for our loved ones. Here is what you need to know about wills and why it is important to have one.
What is a will?
A will is a legal document that provides for the distribution of assets to heirs and beneficiaries after one’s death. It also provides for the appointment of executors who will be responsible for the distribution of the estate, nomination of custodians for minor children and directions for the funeral and burial. [ Read more ]