On Your Own; Your Legal Right @ Eighteen On Your Own formatted final version | Page 78

home, or studying abroad for a semester, your agent can help deposit your checks, file your taxes, or otherwise manage your affairs while you are away. Last Will and Testament You can also create a last will and testament, which will direct who you want your money and property to go to should something happen to you. If you die without a will in place, all of your property will go to your spouse and/or children (if you have any), and if you aren’t married and don’t have children, all of your property will go to your parents. If your parents aren’t living, your property will go to your siblings. If you’d prefer your property go to someone other than your immediate family, composing a will might be something to consider. You should seek legal advice if you have questions about wills. 74