Most people do not want to plan for what happens when they pass. Whether or not people plan, there are decisions to be made when family and friends settle the estate of loved ones. The reality is estate planning helps your family and friends know what you want to happen with your belongings.
If you are considering estate planning, you should meet with an attorney to understand the laws in place for those who decide not to put together an estate plan. Even if you feel like that estate plans are for the wealthy it’s a good idea to make sure you understand all of the decisions your family and friends will make on your behalf should you decide not to put something down in writing.