When we think about writing a will, it’s easy to assume it’s something to sort “later in life” — perhaps in retirement, or when serious health issues arise. But the truth is, having a will in place is a vital step for any adult who wants control over what happens to their assets and loved ones after they’re gone.
You Don’t Have to Be Wealthy
A will isn’t just for people with large estates or expensive properties. If you have savings, possessions, a car, digital assets, or even pets, a will allows you to decide who inherits them. Without a valid will, the law decides — and that may not reflect your wishes.
It’s About More Than Money
Wills also allow you to make personal choices that aren’t financial:
- Naming guardians for your children
- Choosing someone you trust as executor
- Outlining funeral wishes
These are decisions that can offer peace of mind to your family during an emotionally difficult time.
The Risks of Dying Without a Will
If you pass away without a will (known as dying “intestate”), the law dictates how your estate is distributed. This can lead to outcomes you wouldn’t have chosen — for example, long-term partners may not automatically inherit, and family disputes can arise.
When to Make or Update a Will
You should consider making or updating your will whenever your life changes significantly — such as:
- Buying a home
- Getting married or divorced
- Having children or grandchildren
- Starting a business
- Receiving an inheritance
Start the Process Today
Making a will doesn’t have to be difficult or expensive. Working with a professional ensures it’s legally valid and clearly reflects your wishes. If you don’t have a will, or your existing one is out of date, now is the time to act.