My husband and I are in our 50s and have no kids. We have $2 million. Do we need a will?

The couple, both in their 50s without children, are considering the necessity of a will given their substantial assets including their homes and a property owned by the wife's mother. With no debt, they're facing crucial decisions about estate distribution and legal guardianship in the event of unforeseen circumstances. Given their significant net worth and the complex nature of their property holdings, a well-drafted will becomes essential not only for asset management but also for ensuring that their wishes are respected and minimizing potential family disputes. This scenario highlights the importance of estate planning even for those without direct descendants.