According to a new survey, 22% of U.S. adults over the age of 65 do not have a will. No surprise there. Most adults would rather do just about anything to avoid even thinking about getting a will, never mind actually getting one. Apparently, this even includes elderly adults, who undoubtedly know better.
But procrastination comes with a steep price…
…when divvying up an estate without a will; it gets parsed according to state law, with no stipulation for loyal friends… or any other person or entity the deceased might have wanted to honor with a bit of his or her estate.
If you want to make sure your estate doesn’t end up in probate court hell, its time to get your will in order. Be wary of do-it-yourself will software. The older you are, the more complicated your estate is likely to be. It’s easy to make mistakes and create serious headaches for your would-be heirs.
If you’ve waited this long, hire an attorney — preferably one who specializes in elder law to make sure that your will is done right. Start your search for an elder law attorney who can help here.