Last Will and Testament
A Last Will and Testament, commonly known as a Will, is a legal document that outlines how a person would like their possessions to be managed after their death.
Typically, a deceased person's will identifies how they would like their Assets, valuables and real estate property to be distributed to Surviving Family members, Heirs, or other Beneficiaries.
It may also include other instructions, such as the appointment of an Executor who be in charge of managing its directives and will Settle their Estate, Guardianship to take care of minor children, and instructions for Funeral arrangements.
To be valid, a will must generally be executed in accordance with state law, which may require that it be signed in the presence of witnesses or a notary public.
Having a Last Will and Testament ensures that a person's wishes are carried out, and helps to avoid confusion, disputes, and legal challenges among family members and beneficiaries.