It is extremely important to Draft A Legal Will. So, why do so many people procrastinate. Some mistakenly assume that their family will just divide everything equally and everyone will get something. Unfortunately, if someone dies without a will in place, the decision to divide their assets will be handled by the courts instead. They decide who will receive a person’s money and assets, who raises their children, and what happens to their property.
No one likes the thought of making their “last will and testament” because it means they acknowledge that they are human and not meant to live forever. However, drafting a legal will does not signal the end of life and everything it stands for, it is a living document that can change as your life changes over a period of many years.
This is especially important if you have a life partner and are not married as some states/provinces do not recognize domestic partnerships and your assets would go to the state (or the Crown, if you live in the UK or Canada) in the absence of a will.