What happens if you don't have enough money when you die?
When you make your will, you can’t know exactly how much money you will have to distribute when you die. You might have a lot more than you do now, or you might have less. So, what happens if you make a will now leaving “$400,000 to my daughter Donna” and “$200,000 to my brother Ian” but only have $300,000 when you die? Does Donna get the lot? Unfortunately for Donna, but luckily for Ian, the answer is no. First, your executor must pay your funeral and testamentary expenses o