LegalJourney Blog

Monday, November 27, 2017

Why You Should Get Around to Drawing Up a Will

The New York Times published an article by Ann Carrns entitled, "Why You Should Get Around to Drawing Up a Will" (Feb 08, 2017). Provided below is a brief summary of the article published at nytimes.com:

Why You Should Get Around to Drawing Up a Will

The most common number one reason most Americans lack wills is that no one likes to think about dying. Fewer than half of American adults have a will, and the most common excuse given for not having a will is that they have not gotten around to it. Most people don’t want to think about their own death but people are more likely to have important estate planning documents as they age.

Records show that just one in five millennials (adults 18 to 36) has a will, but 81% of peole who are 70 and older have one. Having a will is important to ensure that your money and belongings are distributed according to your wishes after you die, a will determines how things you own get distributed to the people you want to receive it after your death.  

When you die without a will, your estate will be settled in accordance with state law. Details vary by state but assets are typically distributed using a hierarchy of survivors with first going to spouse, then children, siblings, and so on.

To continue more in depth on this issue, please continue to read the full article "Why You Should Get Around to Drawing Up a Will" from nytimes.com


Archived Posts

2017
2016
December
November
October
September
August
July
June
May
April
March
February
January
2015
2014
December
September
August
July
June
May
April
March
February
January
2013
December
November
October
August
July
May
April
March
February
January


Attorney Karnardo Garnett represents clients with their Estate Planning, Elder Law and Asset Protection needs throughout the Tampa Bay Area, serving all of the bay area, including but not limited to Tampa, Brandon, Clearwater, St. Petersburg, Gibsonton, Riverview, Oldsmar, Safety Harbor, Hillsborough County, and Pinellas County, FL



© 2017 LegalJourney Law Firm PLLC | Disclaimer
2002 W. Cleveland St, Tampa , FL 33606
| Phone: 813.344.5769 | 888.954.5769

Estate Planning | Estate Planning - Spanish | Elder Law/Medicaid Planning | Elder Law/Medicaid Planning - Spanish | Planning for Children | Planning for Children - Spanish | Probate / Estate Administration | Probate / Estate Administration - Spanish | Estate Litigation | Estate Litigation - Spanish | Guardianships | Special Needs Planning | Estate Tax Planning | Asset Protection | Online Legal Services

Attorney Website Design by
Amicus Creative


© LegalJourney Law Firm | Disclaimer | Attorney Website Design by Zola
2002 W. Cleveland St, Tampa, FL 33606 | Phone: 813.344.5769