One of the things that parents should avoid doing to their kids is to pass on the “other” burden of death to their children. Aside from the (typical) grief family members can feel, there’s also the headache of having to deal with the paperwork and services.
One of the things that you can actually prepare for before dying is your will. Surveys have shown that 57% of Americans don’t have a will. 69% of parents of minors neglect having a will. And yet we all know you can croak any time. No one’s too young to die.
When it comes to money, the bonds of family don’t even hold! And when you don’t have a will, it’s the state that deals with whatever stuff you have lying around at the time of your death. And if you’re pissed off at paying your taxes, then just think of the state dipping their fingers into everything you’ve worked hard for all your life.
So consult with a lawyer and draft your will to avoid having to get .
This is sound advice and will ensure that the money is kept with your family and not the government.