I don’t have much anyway, why should I make a Will?
Consider this:
- Not even your loved ones fully know what assets you have. Every year, people die leaving millions unclaimed.
- Even with a Will, it becomes void after you get married yet remains valid after divorce.
- Without a Will your parents get nothing if you are married with kid(s).
- Beneficiaries can be worse off after inheritance (e.g. inheriting assets with huge liabilities such as property.)
If it pains you so much to pay for a Will, all the more you should make a Will to protect the much bigger sum you have.