Do I need a will if I own almost nothing?

Do I need a will if I own almost nothing?

Home » Do I need a will if I own almost nothing?

If you own very little or have a very modest estate, it's still important that you set forth in writing, within a last will and testament, or some other estate planning document, about where you want your assets to go after you've passed away. In an estate planning document such as a will, your saying who are your beneficiaries, and your saying the person who you want to be in charge of administering the estate, making sure what assets you do have go to the people you want. Without having these documents in place, then the state of Florida may give you an estate plan, an a intestacy will. This means that the state of Florida may say something different than what you would otherwise want.