Your will may provide how the estate should be distributed, if one of the legatees dies before you. If not, you can change your will to reflect how you want the estate divided, after the loss of your child.
As people live longer, the retirement population grows and health care costs climb, long-term care is a critical component of family financial planning.
Dying without a will basically means that you give up having control over who gets your property after your death and who will be the guardian of your minor children.
In addition to the worldly goods you give to your loved ones, leaving a “last letter” behind can help them deal with their grief at losing you.