Once you have accumulated any type of significant assets, it is a good time to start estate planning.
Most people think about this when they are going through a significant life changes such as purchasing real estate, marriage, birth of children, death and divorce.
Having a Will is especially important for those with children, blended families, or couples that are not married.
If you have executed a Will, then your estate will be left to your heirs at law according to the intestacy statute for the Commonwealth of Massachusetts. Therefore your hard earned assets may or may not go to whom you would have chosen had you planned ahead for the inevitable.