Many people mistakenly believe that estate planning is only necessary for the wealthy, but this couldn’t be further from the truth. Regardless of the size of your estate, having a will in place ensures that your assets are distributed according to your wishes and that your loved ones are protected. Without a will, the state may decide how your assets are divided, which can lead to outcomes you never intended. Even for those with modest estates, a will can make all the difference in avoiding confusion and heartache for your family. Just tell them: “I go to Bill.”