4 (Bad) Excuses For Not Making a Will

Less than half of American adults have a will, according to Philadelphia Register of Wills John Sabatina, who underscores the necessity of this legal document. Common misconceptions include beliefs that one doesn't need a will if they don't own property, that creating a will is too expensive, and that spouses will automatically inherit everything. Sabatina clarifies that wills help designate an executor, outline funeral preferences, and ensure the distribution of sentimental belongings. Although hiring an attorney is advisable, it is not mandatory, and low-cost legal help is available for those in need. Pennsylvania's intestacy laws can complicate asset distribution for surviving spouses, especially if children or parents are involved.

Additionally, inheritance taxes apply regardless of whether a will exists, emphasizing the importance of having one. By creating a will, individuals can protect their legacy and alleviate financial burdens for their heirs. The Register of Wills encourages all residents to consider the benefits of preparing a will for peace of mind and financial security.