What Happens If You Die Without a Will?

When you die without a will, it’s called dying “intestate,” which means that the local probate court will then decide for you how to distribute all of your estate and assets. This also includes your minor children who will be considered for guardianship. If you die without a will, without clear instructions for others to follow, then the result is that likely somebody you do not wish to control your estate and assets will be granted jurisdiction. 

According to recent surveys, there are nearly 67% of Americans at risk because they don’t have an up-to-date will. This means that all of those Americans who don’t have an up-to-date will, their local court will be deciding the future of their family. 

How Dying Without a Will Affects Your Family

Nobody wants to think about their death or what is going to happen after they die, but you also don’t want your loved ones to be stressed during this time of grief. There are many causations that can stress your loved ones out during this time if you don’t have a will. Here are some of the many actions that your loved ones will need to take care of if you don’t plan your estate with a will:

• Nominating your executor, guardians for your minor children, and caretakers for your pets
• Creating instructions for debts and taxes
• Establishing your legacy by giving to nonprofit organizations
• Distributing specific assets and property
• Determining your digital legacy (social media, photos, financial accounts)

These are just some of the many tasks that need to be managed for you after your death. Instead, the majority could be tackled in advance with a will and ease the stress off your loved ones. 

Why A Will Is Important To Protect Your Loved Ones

The importance of a will is hard to overstate. It ultimately establishes your wishes for the distribution of your estate and assets (and guardianship of your minor children). It designates what’s valuable to you and how your loved ones should move forward. If you have a will when you die, then your wishes around your estate and assets can help your loved ones in myriad ways, whether it be giving them the rights to your house, or providing them heirlooms that leaves a strong memory of you, or providing much-needed clarity around personal property. 

Get Started Creating Your Will

With GoodTrust’s online estate planning service you can easily create a will for yourself or a family member for just $8 a month (includes unlimited edits and downloads). We’re aware of how difficult this might be for some people so we also guide you through the process and simplify the steps.