I am single, in my mid 20s, without children. Why would I need a Will?

The answer depends upon the nature of your assets and where you want them to go. The assets will go completely to your parents. You need not do anything if that is what you want. However, if your parents are elderly, it may be advisable to put assets into a trust and name a person in whom you have confidence as trustee to preserve and distribute the assets for the benefit of your parents. This will relieve them of the administrative decisions regarding the investment of those assets. Placing real estate in a trust makes selling that property much easier. It will be necessary to obtain probate court approval to sell those assets if they are not in a trust