<prompt> Human: I own my own home. Of course, there is a mortgage, but I do have some equity. I do not have children, but my boyfriend and I are planning on having children soon. Not married but presumably soon as well.I was pestering my parents about not having a will. It made me wonder if I shouldnt have one already, too. In the past, I assumed I should wait until I was married andor have children. Should I do it now with no dependents or spouse, or once were married, or once there are kids?  <response>: Its never too early. When you die without a will, your state follows certain protocol to determine where your estate goes its called dying intestate. As things stand without a will and without kids, your parents would inherit. Once youre married, your husband would inherit over your parents. After that things vary dramatically by state.Better to have control over things. The thing about a will is you really need to update it regularly, as those things have a way of getting out of date. Every major life event marriage, kids, death in the family, house purchase, etc. should be accompanied by a will change. 