Blog Article

Why You Shouldn’t Delay: The Importance of Creating a Will Today

By Merriman Wealth Management, Wealth Advisor
Published On 03/22/2024

Do you have a will? If you’re like many people, the answer might be no, or perhaps you’ve been putting off the task for some time now. It’s understandable — creating a will can feel daunting, and it’s something many of us prefer not to think about. However, postponing this crucial aspect of estate planning can have significant implications for you and your loved ones. Here’s why you shouldn’t delay any longer:


  1. Protect Your Loved Ones: One of the primary reasons for creating a will is to ensure that your wishes are carried out after you’re gone. Without a will, your assets may be distributed according to state laws, which may not align with your preferences. By having a will in place, you can designate beneficiaries, specify how you want your assets distributed, and even appoint guardians for your minor children, providing invaluable peace of mind for you and your family.
  2. Avoid Intestacy: Dying without a will, also known as dying intestate, can lead to a host of complications for your loved ones. In addition to potential disputes over asset distribution, intestacy can result in lengthy legal proceedings and higher administrative costs. By taking the time to create a will, you can streamline the probate process and minimize stress and uncertainty for your beneficiaries during an already difficult time.
  3. Ensure Your Wishes Are Honored: Your will is your opportunity to express your wishes regarding your estate, including who should inherit your assets, how your debts and taxes should be paid, and any special instructions you may have. Whether you want to leave a legacy for future generations, support charitable causes, or ensure that specific family heirlooms are passed down, a will allows you to articulate your intentions clearly and legally binding.
  4. Plan for the Unexpected: None of us can predict the future, but we can take steps to prepare for it. Creating a will is a proactive measure that allows you to plan for the unexpected and provide for your loved ones in the event of your passing. Whether you’re young or old, single or married, having a will ensures that your wishes are known and respected, regardless of what life may bring.
  5. Peace of Mind: Perhaps the most significant benefit of having a will is the peace of mind it brings. Knowing that you have taken the necessary steps to protect your loved ones and your legacy can alleviate anxiety and uncertainty about the future. Instead of worrying about what will happen to your assets or who will care for your children, you can focus on living your life to the fullest, knowing that you have made provisions for the future.


If you’ve been putting off creating a will, now is the time to take action. Don’t wait until it’s too late to ensure that your wishes are carried out and your loved ones are provided for. Consult with an estate planning attorney or use online resources to draft a will that reflects your wishes and circumstances. Remember, creating a will is not just about you—it’s about providing security and peace of mind for your loved ones long after you’re gone.



Disclosure: All opinions expressed in this article are for general informational purposes and constitute the judgment of the author(s) as of the date of the report. These opinions are subject to change without notice and are not intended to provide specific advice or recommendations for any individual or on any specific security. The material has been gathered from sources believed to be reliable, however Merriman cannot guarantee the accuracy or completeness of such information, and certain information presented here may have been condensed or summarized from its original source.  Merriman does not provide tax, legal or accounting advice, and nothing contained in these materials should be taken as such. To determine which investments may be appropriate for you, consult your financial advisor prior to investing. As always please remember investing involves risk and possible loss of principal capital and past performance does not guarantee future returns; please seek advice from a licensed professional.

P.S. Don't LET YOUR FRIENDS MISS OUT. Share this article:

By Merriman Wealth Management, Wealth Advisor

At Merriman, we manage your wealth so you can lead your best life. We take care of the financial planning and investment management, so you can deal in more possibilities and have the space you need to dream big.

Because it’s time to stop asking "What should I do?" and start saying, "This is what I could do."

Articles Straight to Your Inbox

Subscribe to Merriman's Envision Newsletter to receive in-depth articles and expert commentary, delivered monthly to your inbox:

"*" indicates required fields

This field is for validation purposes and should be left unchanged.

By submitting your information, you consent to subscribe to Merriman's email list so that we may send you relevant content from time to time. Please see our Privacy Policy.