Summary
Why you should really have a will in Massachusetts.
While you are not legally required to have a will in Massachusetts, having one can be a very good idea. A will is a legal document that allows you to specify how your assets and property should be distributed after your death. Without a will, the distribution of your assets will be determined by the state’s intestate succession laws, which may not align with your wishes.
Here are a few reasons why having a will in Massachusetts (or any state) can be important:
- Control over Your Assets: A will allows you to dictate who will inherit your property, assets, and belongings. Without a will, the state will determine this based on its laws.
- Guardianship for Minor Children: If you have minor children, a will is where you can name a guardian for them in case you and the other parent are unable to care for them.
- Personal Representative Appointment: You can name a Personal Representative (formerly known as an Executor) in your will to handle the distribution of your assets and the settling of your estate. This allows you to choose someone you trust.
- Minimize Family Disputes: A clear and legally executed will can help prevent family disputes and legal battles over your estate.
- Charitable Bequests: If you want to leave assets to a charity or specific individuals, a will is the way to do so.
- Pets: You can designate who should care for your pets and allocate funds for their well-being in your will.
It’s advisable to consult with an attorney experienced in estate planning to ensure your will complies with Massachusetts state laws and to address any specific concerns or complexities in your situation. While a simple will can be created without legal assistance, professional advice can be invaluable for more complex estates and situations.
So, while not legally required, a will can provide peace of mind and ensure your assets are distributed according to your wishes in Massachusetts.
If you need assistance with creating your own will and estate plan please contact us today!