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Don't underestimate the importance of your will

A will is a vital document in any estate plan. Without it, no one can know your intentions and what you'd like to see happen with your assets. Without a will, your potential beneficiaries and heirs may fight over your estate, and they will likely have to go through probate, which is a long, drawn-out legal process.

There are many stories of families that have been ruined or trapped in long feuds over their deceased loved one's estate. From siblings fighting over the family home to close relations arguing over assets that they believe should go to them, it can be a real mess.

How can you prevent family feuds over your estate?

The best thing you can do is to make sure you have a will in place. A good will discusses your plans for your assets and what you'd like to see happen when you pass away. You can name an executor in your will, so you know that someone you trust will be in charge of executing your will and estate plan.

Another helpful thing to do is to secure your will by having at least one witness other than your attorney there when you create or update it. That way, there will always be someone there to say that you were capable of making those legal decisions at that time. That will limit the likelihood of any disputes making it to court.

Our site has more about wills and what you can do to make sure your will is executed properly and carries out your wishes.

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