Many people mistakenly think that they do not need a will when they die. You may think that your valuables will naturally pass to your next of kin without very much fanfare or strife. You may think that you do not have enough assets to warrant the need of a will. You would be wrong. It is not a popular topic around the dinner table to discuss your last days on Earth, but dying without a will can cost your heirs time and money.
So, without a last will and testament, what will happen if I don't make a will? Denial and the preverbal head burying will lead the next of kin into all sorts of obstacles. You might even just give it away to the Government! Do you really want that?