I’m 64 and my wife is 62. We have 2 adult children who both get along. I have a life insurance policy for which, after my wife, they are the two equal beneficiaries. And we live in our own house which we own outright. And our retirement account lists my kids as beneficiaries. But we’ve never done a will. Given that we have a relatively simple set of assets, and that the kids are listed as beneficiaries, I’m thinking we save the money and don’t do a will since everything we have will just get passed on to them. Any reason why not?