A will tells everyone what will happen to your money, possessions, and property when you die. There are many reasons to make a will. First, it will be easier for your family and friends to sort everything out. Without a will, it can be very stressful and time consuming to figure out how to allocate everything. Plus, if you don't have a will the law will decide how to allocate it and this might not be the way you want it. It can be especially important to write a will if you have children or other family that depend on you financially. This way, you can leave them the most possible to help them even when you are no longer alive. By writing a will, you can decrease the amount of inheritance tax that might need to be paid on any property and money that you will leave behind. Ultimately, by writing a will you will be able to decide who you leave your money, possessions, and property to when you die which can be very important to some individuals.