Do I Have to Have a Will?

No, but if you do not have a will then your assets will be distributed “intestate.”  What this means is that your property will be distributed to your “heirs” (usually your spouse and children) by a procedure that each state has created.  The term heirs can be different in every state. Each state may also divide up property differently than you would like.  Thus it is important to have a valid will.

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