The following are some of the personal documents that you should consider having in the event of the unexpected happening:   WHY YOU NEED A WILL If you do not have a will and something unexpected happens, your home, money, and other property will be distributed according to a formula fixed by the law of the State in which you are domiciled.  Your estate will be managed by someone who might not be the person you trusted to handle your affairs.  Your minor children may be placed in the custody of someone you would not have chosen if asked. This law is the same