Are there any advantages to having a will over an intestate succession?

Yes, there are advantages to having a will over an intestate succession in Oregon. Having a valid will allows you to decide how to distribute your assets upon death. With an intestate succession, the laws of the state determine how your assets are distributed according to the state’s intestate succession laws. This means that your property may not be passed on to the people you intend it to go to. Having a will also allows you to designate a guardian for any minor children you have if both parents were to pass away. In an intestate situation, someone from the court will be appointed to make decisions for any minor children. Additionally, a will allows you to name an executor, or the person responsible for managing and distributing your assets after you pass away. With a will, you can also designate where your money will go. This can include charities, organizations, or individuals that you wanted to benefit upon your death. With an intestate succession, these donations cannot be made and the estate must be divided according to the intestate laws. Finally, a will allows you to make specific requests as to how your assets are distributed. In an intestate situation, each asset must be distributed according to the intestate laws. This can be complicated and time consuming. With a will, you can make decisions now about how you want your assets distributed in the future.

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Are there any advantages to having a will over an intestate succession?

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