Do I need a will if I don't have any assets (or Kids!)?

I have heard a lot of people put off wills because they don't have any assets.  Likewise, I have heard people say that they will get a will once they start having children.  

As an attorney, I advise against this type of thinking, especially because of what it implies.  This is "firefighting" as I like to call it, because this puts off the planning until you are much busier or until there is an emergency (at which point in estate planning it is usually too late).

When you create a will, if it is done right, it plans for things to happen in the future.  Don't have any assets right now?  A good will ensures that when you do start to gain some wealth (as we all want to do) it will be properly protected.  

Similarly, even if you don't have children, a properly drafted will accounts for that potential. This is especially important because once you start having children (as those of us with children know), your priorities and available-time change completely.  If you think you don't have time to make a will now, wait until you have a 9 month old child!

If you're never going to have children, you still need a will so that you can specify what happens to your estate.  You can name siblings or other relatives, friends, or charities.  Otherwise the government decides who gets what, and your entire estate could even go to the state!

The best time to get your will created is now.  If you are reading this post, you have enough time to read a blog, or scroll through Facebook.  But guess what?  The Will By Attorney process doesn't take that long.  All you have to do is fill out a simple questionnaire that takes about 10 to 20 minutes.  Once that is done, we go to work and draft your will specifically for your current situation as well as potential situations that may occur in the future.  After all, an estate plan is only effective if two things have happened: 1) you have an estate plan actually in place, whether a will, trust, etc., and 2) it plans for future events.  Will By Attorney drafts wills that plan for these and other potential situations.  For a low price, you can have peace of mind and not have to worry about planning as your life gets more complicated.  

If you don't already have a will, you can get one here, custom drafted by a licensed attorney for much less than a brick and mortar law firm.  

Don't wait, as your life is likely to just get busier.  Put your mind at ease and create a plan to protect your family.