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Many people put off writing a will, whether it's because they believe they don't need one or think they'll always have more time. However, as the Michael A. Newland Law Office in Hamilton explains, dying without the proper estate planning can have serious consequences for you and your family.

Regardless of how many times you've verbally expressed your wishes regarding the inheritance of your assets, only a written will is legally enforceable. If you pass away without writing one, the intestacy laws of your state regarding the division of an estate go into effect, under which the courts will distribute your assets according to an existing formula regardless of existing relations or your own wishes.

If you're single without children, your parents will actually inherit your entire estate, including cash, belongings, real estate, securities, and any other assets. If your parents are no longer alive, then your estate will be divided evenly among any siblings you may have. Otherwise, your belongings will be distributed among your distant relatives.

Single parents automatically pass their entire estates down to their children or grandchildren, while married individuals inherit their spouse's assets after death. It's important to remember that this distribution of assets occurs regardless of actual bonds that may exist, so even emotionally estranged relatives will get preference if no written will exists.

The Michael A. Newland Law Office has the experience and expertise to help you identify your assets and prepare the documentation you need to ensure that your wishes will be respected. For advice on how to make a will or any family or juvenile law matter, visit their website now, or call (513) 887-9595 today.

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