To Will or Not to Will

Do You Need A Will?

A will is a legal document that sets forth your wishes regarding the distribution of your property. A will allows you to decide how your assets (memorabilia, family heirlooms, real estate, etc.) will be distributed. Should your three children inherit your house as tenants in common? Or should the oldest child get the business assets, the middle child the house, and the youngest child the residue or balance of your estate?