EUGENE, Ore. -- We’ve all seen the celebrity news about stars who die without a will and the legal fights that follow.
KEZI 9 News spoke to Oregon Pacific Bank President and CEO Ron Green to learn if everyday people need wills too.
Do only rich people and celebrities need wills and estate planning?
Ron Green said he’s not an attorney -- and he doesn’t even play one on TV -- so he suggested everyone first seek legal advice.
However, Green said having an estate plan is not just something for wealthy people. Everyone should have a will.
A will directs what happens to your estate, to your assets and to all the things you want to happen after you’re gone to make sure it happens.
We see on the news all the time right now -- even celebrities who have passed recently without wills. It’s a very expensive, lengthy process, and doesn’t go well for anyone.
If you have banking or finance questions for Ron Green, click here.
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