More Than Half of all Older Americans Have Not Created a Will, and Their Children Could be at Risk
More than half of all American adults are at risk of dying intestate, despite widespread public attention regarding the benefits of executing a will. In the absence of a valid will, each state’s laws govern how the estate will be administered. In general, having a will should help to ensure that decedent’s wishes are honored. A will may be declared invalid in cases of suspected fraud, forgery, or coercion, but having a property executed and witnessed will may help to…
