Attorney explains why having a will is important for families

Attorney explains why having a will is important for families

Assessment

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Business, Social Studies

University

Hard

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Aaron Miller discusses the importance of estate planning, emphasizing that without a will, the state decides asset distribution. Nate Olanson, a managing shareholder, highlights the need for a will to avoid confusion and ensure assets are divided as intended. A will can be as simple as a handwritten document, but legal advice is recommended. Free Will, an online tool, offers a cost-effective way to create a will. Despite its simplicity, many Americans lack a will, which can lead to complications. Planning ahead, even with minimal assets, is crucial for managing belongings, pets, and digital assets.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What percentage of Americans are estimated to not have wills?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is Free Will and how does it assist individuals in estate planning?

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