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What Happens if I do not Have an Estate Plan?

October 18, 2017

 

It is easy to put off making an estate plan with a will or trust, and young, healthy individuals may see it as a low priority.  However, estate planning is not just for the rich or aging, since it allows you to control your assets, healthcare and decision making at any age and income level.

 

If you die without a will or trust, a judge will determine how your assets will be distributed, regardless of what you wanted or what your family wants.   No one wants a judge to decide how their property is distributed, since most of us have personal preferences in selecting our heirs and who will receive specific property.

 

A judge will also decide who will raise your minor children without your input.  If you have not made your wishes known as to who will act as guardian of your child, a judge makes the decision.

 

Even if you have a small estate, a simple will is far better than nothing at all.  

 

Contact Attorney Andrea K. Shoup at 951-445-4114 today to start making your decisions known.

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