Do I Really Need A Will?

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07 Sep

Donna Taylor Blog 0 0

In this article, most experts insist everyone needs a will, but that’s not always true. I do believe it is better to protect your assets for the benefit of your loved ones. If you have property (car, house, or a pet) you may want to decide who will be the beneficiary or caretake in the event of your death. Without a will your beneficiaries are the last to receive proceeds from your estate. With a will this is often not the case. Many debts end at the time of your death except for taxes of course. If you own a home and the homeowners insurance coverage permits full payment at the time of your death. Loved ones will rest at ease if they do not have to go to probate court to file reports about expenses that will be required to settle your estate.

About the Author

Written by Donna Taylor

Rev. Dr. Donna Taylor is the Pastor of Andrew Chapel, United Methodist Church on the Northern Neck in Montross, VA. Rev. Dr. Taylor promotes best practices for financial literacy and financial empowerment in the church and leads workshops throughout Northern Virginia. Currently, she serves as the Chair of the District Finance Committee. In May 2015, Rev. Dr. Taylor received her Doctor of Ministry from Virginia University of Lynchburg in Lynchburg, VA. Rev. Dr. Donna Taylor is married to Dr. David Taylor, who is also the Director of our church-based free clinic. They have two adult children and three grandchildren. In her leisure time, Rev. Dr. Taylor enjoys traveling, jogging, weightlifting, swimming, yoga, and interior decorating. In May 2015, Rev. Dr. Taylor received her Doctor of Ministry from Virginia University of Lynchburg in Lynchburg, Virginia. Rev. Dr. Taylor was born and raised in New York City and recently discovered her ancestral roots in Guinea-Bissau, West Africa. Rev. Dr. Donna Taylor is married to David Taylor and they have a son and a daughter. Their daughter is a educator and son is an Active-Duty Senior Seaman in the Navy married with three children. In her leisure time, she enjoys traveling, reading, swimming, writing poetry, crocheting and spending time with her family.