Business
November 07 2025
Oran Hall | Consequences of not making a will
Updated
December 9 2025
3
min read
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There are several estate planning tools – trusts, joint ownership, living gifts, and wills – but a will is perhaps the most common and effective means of passing on one’s assets to named beneficiaries. It takes effect after the death of the testator and allows the testator to maintain control, even after death, while providing for the welfare of the beneficiaries.