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“You can see in the data that the No. 1 reason people don’t have a will is because they haven’t gotten around to it yet, but that doesn’t tell the whole story. Why haven’t they gotten around to it?” says Lisa Honey, director of product marketing at Rocket Lawyer.It’s partially because most people “don’t like to think about death,” she says, or because they falsely believe wills are only necessary if you have a multimillion-dollar estate.

Source: Plan ahead: 64% of Americans don’t have a will