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If you pass away without a Will (Intestate), you will not have a say as to the manner in which your assets are dispersed. This may cause headaches and confusion for your loved ones. Wills spare your loved ones this hassle by allowing you the ability to do the following in the event of your death: appoint a Guardian for your children until they reach the age of majority, set up a Trust, donate items and funds to charity, set aside specific gifts and funds for your children, etc. This can lead to the avoidance of any future disputes in court. A Will is an important document, and probably the most important document you will ever sign. Wills can be expensive - lawyers can charge up to hundreds of dollars per hour. Like people, Wills come in various shapes and sizes, and they can be complex or straight-forward. For straight-forward situations, you may be able to complete a Will yourself. Online resources can provide many useful tips and simply the process of creating a Will. FormalWill is one such resource. A Will does not require a lawyer to be legally-binding. You can create a Will by yourself, and a lawyer is not legally required to assist you in making your own Will. As mentioned above, there are many variations of Wills, and straightforward Wills can be done through online services.Online services can assist in the process of building a Will. A Last Will and Testament deals with your assets and your estate after you pass away. A Living Will document deals with medical matters prior to your passing. When major life-altering transitions occur (eg. moving to a different region, marriage, divorce, etc.) a person should review their Will.