Do I really need a Will?

That depends…if your answer is “Yes” to any of the following questions, then yes, you need a Will:

(1) Do you want to decide who gets your property when you die?

(2) Do you want to decide who will take care of your children if you are unable to?

(3) Do you want to decide who will administer your estate when you die?

If you want control over the answers to these questions, then, yes, you really do need a will.  If you dont have a Will, then the state “intestacy” statute and a judge will make these decisions for you and your family. CNN Money provides a very good explanation in answering the question, “Why do I need a Will?“.