2023 EP0610 | Financial Updates | What Happens if You Die without a Will?

Despite potentially devastating consequences, 54% of Americans don't have a will, leaving estate planning to a complicated range of state laws. If you die without a will, your loved ones might get kicked out of the family house and could face hefty, surprise tax bills. In this video, Peter with Richon Planning and Erin Kennedy share these tips when it comes to creating a will:

-Know Your State's Laws

-Make Sure All Your Assets are Covered

-Don't Delay

If you die without a will, your loved ones may get nothing, especially if they are unmarried partners or stepchildren, who are left out under the law in almost every scenario. To make sure your assets and your loved ones are protected no matter what, please feel free to reach out to Peter by calling (919) 300-5886 or by visiting https://richonplanning.com/