Making a will is not the most exciting topic, and it forces you to face your mortality.
If you pass away without a will, you and your loved ones will not be in charge of how your assets get distributed. Dying intestate (i.e., without a will) means the state courts will decide who gets your belongings and who will become guardians of your children.
This isn’t quite as scary as it sounds, but you do need to be aware that some assets are passed on outside of the will, regardless of what you put in writing.
If you search online, there are many free or low-cost templates you can download to make a will. But be aware that these forms will not necessarily comply with all the specifics of your state laws.
If you are a parent, you will want to make sure you use your will to name guardians for your children.