Get your estate in order: Why wills are vital to the planning process

It is estimated that seven out of ten people die without leaving a will. Without one, the deceased’s estate will be subject to laws that dictate how it should be distributed. This may lead to assets going to individuals the deceased may not have wanted to benefit from their estate. Additionally, the absence of a will can cause lengthy delays when it comes to the distribution of the estate. There are many advantages of making a will: • Control: Clients are able to choose how they want their estate distributed. • Tax mitigation: Clients are able to distribute their assets in the m...