A will is a legal document that enables you to control what happens to your assets after you are deceased. Creating a will gives you sole discretion over the distribution of your assets. It allows you to decide how your belongings, such as cars, family heirlooms, collectibles, etc…, should be distributed after you have passed on. If you have a business or investments, your can direct the transition of those assets.
A will also allows you to take care of minor children or special needs children (if there are any). A will allows you to provide for their care and to appoint a guardian to look out for their needs. If you have children from a prior marriage, even if they are adults, your will can dictate the assets they receive. Creating a will also minimizes tensions between survivors. Relatives battling over your possessions can weaken what may have otherwise been a strong family.
If you are charitably inclined, a will allows you to direct your assets to the charity of your choice. Likewise, if you wish to leave your assets to an institution or an organization, a will can see that your wishes are carried out.
Most importantly, a will provides peace of mind to you and to your family.