What happens if you don't have a will? 

So if you have a spouse and children, your spouse receives the first $50,000 and then the rest is split between the spouse and the children. This gets very sticky when it's young children involved, because then they are entitled to a little bit of the assets, and then you have to set up guardianships and it can make it a lot more complicated where, whereas if you have a will, you can say that you want everything to go to your spouse instead of just going directly to the spouse and children