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Usually the surviving spouse will receive your assets and any debts. However, if you do not have a will, anyone is entitled to contest the will. States have standard distributions for assets when the individual dies 'intestate' (without a will). This may, or may not, work to the benefit of those that inherit. A will allows the individual to choose where assets go. It also allows trusts to be set up for minors and for tax benefits. It is particularly important to making sure children are taken care of and know who is going to take care of them.

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Q: What are the disadvantages of not having made a will?
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