Do You Have a Will?
Do You Have a Will?
Did you know that most Americans don’t have a will?
Regardless of your age and health, you should have a will. Why? Because in the event of your passing the state in which you live will decide how to distribute your assets. So having a will is good stewardship, especially for us believers, who often want to leave a portion of our assets to a local church or a ministry we have been supporting.
In many states you can draft your own will, but before you do that check if your state accepts self-drafted (holographic) wills, or whether you should contact a local attorney. Once you draft your will, make various copies. Keep one in a safe deposit box and give one copy to your close friends or parents; someone you know can be trusted. You should also name your spouse and your attorney as authorized signatories.
Today's tip brought to you by Mvelopes and Money4Life Coaching.
Originally published March 11, 2019.
