Many people believe they only need a will once they accumulate excessive wealth. But is this true? Find out who really needs a will, trust, estate plan or healthcare directive.

1. Do I Need A Will?
PRESENTED BY: THE BROOKE LAW GROUP

2. Many people in
their twenties and
thirties believe they
don’t need a will
until they are
“older.”

3. The truth is,
anyone with a
full time job,
house, spouse
or children can
benefit from
having a will.

4. A will protects you and your loved ones.
You don’t want to have
your savings, retirement,
home and property go
through the court system
(known as probate).

5. Chances are, you have a pretty good idea of where
you’d like your money and property and assets (known
as your estate) to go.

6. A WILL
also called your last will and testament, is an official
document that lets your family and the court know what
you’d like to happen to your assets.
You can include other information in your will by creating an estate plan that
provides specific directions for health, financial or property situations.

7.  A trust
 An advance health care directive
 Your wishes for your children
 Who will carry out your wishes: power of attorney,
guardians or executors
 Durable power of attorney for property and/or
financial management
Your estate plan can be as simple
as a will. Or it can include:

8. Taxes.
A will can allow you to minimize your estate taxes.
This is because the value of what you give away
reduces the value of your estate for tax purposes.

9. Disinherit.
There may be family members who you do not wish to
include in your will. Without a will, your estate could be
left in the wrong hands. This may be an ex-spouse or
close family member.

10. Source: Findlaw.
© 2017 The Brooke Law Group All Rights Reserved. Design and editorial services by
FindLaw, part of Thomson Reuters.
You can always change your mind. Wills are only
permanent until you change your mind.
If your life situation changes you can
change your will to reflect that change.