For most families, intestacy is a worse outcome than even a basic will. Intestacy can't leave anything to an unmarried partner, a step-child you didn't adopt, a friend, or a charity — and it can't name a guardian for your minor children. The fix is a basic will, which costs $50-$1,500 and takes a couple of hours of decisions.

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Educational information only — not legal advice. Always confirm current statutes and figures with a licensed attorney in your state.