Last will and testament allow you to decide what happens to your estate when you are gone. A recent survey found that almost two-thirds (or more) of people do not have a will.
You should be aware that there are many good reasons to have a will. If you do not have a will you leave important decisions to the local court and state laws? You will not have any say over who gets your property or other assets. A will in New Zealand is a document that outlines your wishes and explains how to make things easier for your family members after you die. You can also get more information about wills in New Zealand via https://www.trustees.co.nz/private-wealth/family-and-estate-planning/wills/.
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These are the top reasons to make a will today:
1. You can save time, money, stress, and love for your family.
To begin the legal process of distributing assets, almost all estates must go to probate court. This process can be more complicated if you don't have a will. A court must name a personal representative to manage your estate. This can be costly, time-consuming, and even contentious for your loved one.
A will can be used to simplify the probate process. A will allows you to choose who your estate should be handled, which makes it much easier for your loved ones.