Majority of American Adults Do Not Have Wills

Do you have a will? If your answer was no, you're not alone. According to a 2007 survey by Harris Interactive, 55 percent of all adult Americans do not have a will. The survey found that most American adults who do not have any of the basic estate planning documents say it is because they don't want to think about incapacitation or death, or that they do not know who to talk to about creating an estate plan.

The consequences of failing to plan for the inevitable can be extreme. A will allows one to express their intention of how their property should be distributed. Without a will, the state (by law) decides how your assets are distributed. Additionally, a will names who will care for a minor child in the event that their parents or legal guardians pass away. If you do not plan for this, the court system will decide who will care for your child, which may not be the person(s) that you would have wanted.

Making a will should not be a complicated or intimidating experience. The estate planning attorneys at Curtis & Curtis, P.C. in Jackson, Michigan have years of experience with wills. If you would like to receive a complimentary copy of our estate planning brochure, or set up an appointment to speak to one of our lawyers, please contact us.

Categories: Estate Planning