00:01
Why is it important to have a will? so there's a lot of reasons it's important.
00:04
So with a will, you can direct where and to whom your estate, meaning what you own, will go after your death.
00:41
Wills make the administration of your estate run smoothly.
01:06
So without a will, if you die without a will, then your estate is going to be divided up and distributed according to your state laws.
01:14
And oftentimes, that is equal among your next of kin.
01:20
So if you are an adult with no children, you're not married, your next of kin would be your parents if they're alive.
01:28
If they're not, then it would be like your siblings.
01:30
If you have children, it would be your children.
01:34
But by having a will, then it allows you that control.
01:38
And not just that, it's one less thing for those that are left behind, your family that is grieving that loss, to have to deal with.
01:47
And i say that having been in this position.
01:50
When somebody passes away without a will, it is a gigantic pain, honestly...