Rich May (Massachusetts): Contingency Planning – Without a Will

“Do I really need to have a will?

This is the question I hear most often, and it has come up again in relation to the COVID-19 crisis.  The most common mistaken presumption is that your spouse will inherit everything automatically if you do not have a will.  And since there is an unlimited spousal exemption for estate tax purposes, that incentivizes married couples to structure their estate plan that way. MORE.

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