When making a simple will, the vast majority of married couples desire to leave everything to each other first, and when the spouse dies then to the children equally. If this is the way you would like the distribution set out, then please proceed. Remember, this Simple Will is intended to cover most general situations. You may also wish to save the completed Will to file and edit the language to meet your needs. Your entire estate consists of the net worth of all the property you own when you die, in whatever form of ownership.
Net worth is the market value of the property, less any amounts owed on it.
Other personal property Use our net worth calculator . If you are close to, or above that threshold limit, you should not use the basic will provided here but should consult an attorney or estate planning professional. If you have a difficult or complex situation, the will provided at this site is probably not your best choice. For example, if want to disinherit relatives, set up complicated trust provisions, have a child with a disability, or anticipate family conflict, you should seek legal counsel and may be better served by another estate planning tool. See how this site works.