What are you waiting for? You need a will. Yes, you!
It is a common misconception that only older people with a lot of money require a will, but this could not be further from the truth. Whether you are old or young, have material assets or not, it is very important to leave instructions so that your loved ones know what to do in case something happens to you and you are unable to communicate your wishes.
A will is not just a way to communicate where you want your money and tangible assets to go, but it can also assign beneficiaries to your electronic assets. An electronic asset can be anything from a website or blog that is either important to you or generates revenue, or can be your email and social media accounts. In this day and age, it is important to have a beneficiary for your online passwords. It is also important to express your wishes for what will happen with these accounts once you are gone. Do you want your Facebook account taken down when you are gone, or do you want it to remain as a memorial? These questions might seem silly, but they are necessary in today’s world.