Money and Personal Finance

Wills



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    Who Do You Trust?

    Would you trust the most important decisions of your life to others -- especially decisions that affect the welfare of your children? The answer is: of course not! However, unless you have a will, that is precisely what will happen. Under state law, the state will determine who, if anyone, is entitled to your estate upon your death.

    A will is a legal instrument that specifies who are to be the beneficiaries of your estate, and when they are to receive their inheritance. The act of dying without a will is called "dying intestate". People who are not named as beneficiaries may challenge the wishes of the decedent. By properly preparing a will, you can reduce this risk.

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