Yes, you do, and here’s why… Please allow us to be frank. It’s unrealistic to think that a piece of paper you draft, reflecting your life at a certain time, will work when you life has completely changed some years later. We’ll use the (fictional) Kendrick family as an example: Meet the Kendricks… Meet Bill…

Many people think that if they die while they are married, everything they own automatically goes to their spouse or children. They’re actually thinking of state rules that apply if someone dies without leaving a will. In legal jargon, this is referred to as “intestate.” In that case, the specifics will vary depending on each…