Yes you need a will. The simple answer is yes. Even if you have a revocable trust and/or all of your assets are either held as joint tenants, or tenants by the entirety, or you have properly designated beneficiaries on your bank accounts, retirement plans, life insurance policies, etc., a will is used to serve…
People often ask whether a will is absolutely necessary. Estate planning has so many facets depending on the type of property involved and the identity of the heirs, whether homestead property is involved, that it is impossible to provide a simple answer. Generally speaking, it is best to always have a will as a back-up,…