1. You lose control:
   If you don’t have a will, the government will name someone to decide what happens to your savings and property. This person may also decide who will raise your children. Do you really want a stranger to make those kinds of decisions?
2. Less money may go to your loved ones:
   Without a will, it may cost more to settle your estate. The more savings and property you have, the more of a concern this will be.
3. It may take longer to settle your estate:
   If the government has to get involved, it will take longer for your loved ones to get the money or property you leave them. This adds a lot of stress to your family at a difficult time.
4. If you have an old will from years ago, no one will know your wishes today:
   If your will is out of date, even by just a few years, a lot of things could have changed. This means your family may not be taken care of in the best way possible.

   Examples: Do you have more children? Do you own a house now (and didn’t before)? Are your children grown up now, and don’t need your financial support? Has a loved one died?

5. You may cause a family fight:
   If you don’t state your wishes clearly and properly, your loved ones won’t know what you want. For example, the simple phrase “I want my children to share my money equally” can mean many different things and start a family fight.

Remember: A will is for your loved ones and for your own peace of mind.

It helps avoid a lot of trouble and costs for your loved ones at a very difficult time. Even if you don’t have a lot of savings or property, it’s still important to have a will.