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Learn how wills work to distribute your assets, name guardians for children, and appoint executors. Explore will requirements and estate planning basics.
If you die without a will, your state's intestacy laws determine how your assets are distributed, which may not match your wishes. The court will appoint an administrator to handle your estate, and your property typically goes to your closest relatives in a predetermined order set by state law. This process can be more expensive, time-consuming, and may result in unintended beneficiaries receiving your assets. Additionally, you won't be able to name guardians for minor children or specify personal wishes for your funeral or burial.