Wills are definitely not things people want to think about. After all you are discussing what will take place when you die. We all want to believe that we are invincible and will live forever but that is not realistic.
John Singleton died yesterday. It appears from the family infighting that is starting to take place, he does not have a document that articulates his wishes. Why? Prince died and he left nothing in place for when he is gone. His estate will remain in arbitrary for god knows how many years. The biggest beneficiaries will be the lawyers.
I know many people with children who have not dealt with their wills. Perhaps Fred and I are just practical but we believe not having a will especially when you have children is irresponsible.
Many people I know have parents that are getting old and dying. Many of them have not left buttoned-up estates. It is left to the executor of the will, if there is even that, and the family to make decisions that might not be what the parent wanted. More to the fact that it can create major fractures in family relationships. That is not good.
The first question people ask after learning of a parent’s death is, “did they leave a will” or “did they leave an organized estate”? It is not easy to put your affairs in order at any age but grieving is hard enough on everyone left behind. Leaving a will is as important as balancing your checkbook.