You are retired. Why should you have a Will?
Wills are the traditional method for giving away property after death. Practically everyone has heard of wills and has also heard that everyone needs one.
But, why do you need a will?
If you do not have a will, your stuff may go to the wrong people. Consider the following. A couple work for many years and develop quite a nest egg for their retirement. However, neither got around to preparing a will.
The husband unexpectedly died without a will. Now, she is obligated to divide the nest egg in half and give it to her husband's children from a previous marriage. This includes the house that they shared!!
This widow is now frightened and unsure about her future. This is truly unfortunate because it could have been prevented with a properly drawn and executed will.
