As they say, the two inevitable things in life are death and taxes. While April 15th is a yearly occurrence and makes us go through the laborious task of filing our taxes year after year, death has no set date in mind. And though it might not be pleasant to talk about, confronting the realities of how your passing could affect others is an important part of estate planning that should be addressed while you still are mentally and physically sound.
In this lesson, we will tackle the big elephant in the casket—why you need a will. Our hope is that by the end of this lesson, you can make a more informed decision about whether you need one, what should happen to you and your assets once you pass.