You might think that wills are only for wealthy people, or maybe you are young and think you don’t need to write one yet.
According to Caring.com’s 2020 Estate Planning and Wills survey, only 1/3 of Americans over 18 (and only 1/2 of those over age 55) have a will. However, every adult can benefit from having a will, and having one already written will make things easier for those left behind when you pass away.
Wills don’t necessarily need to be complicated or cost a fortune. Here are 5 things to know as you start writing your will: