A majority of American adults don’t have a simple will, and some of the reasons may surprise you. One thing that’s for sure is the cost of a will pales in comparison with some potential costs loved ones may be responsible for if you don’t have an estate plan in place when you die. (Editor’s Note: Click the image below to enlarge.)

Related: How to review a will: a 12-point checklist

 

Why Americans don't write wills