Will
Table of Contents:
Definition of Will
Will referred to a legal document that outlines an individual's wishes regarding the distribution of their assets, property, and personal belongings after their death.
It designates beneficiaries who will inherit the decedent's possessions and may also name an executor to carry out the instructions.
A will can include provisions for guardianship of minor children, charitable donations, and other specific directives. To be valid, a will usually requires witnesses and adherence to legal formalities.
What is Will?
A will is a legally binding document that expresses an individual's desires for the allocation of their possessions and property following their death.
It serves as a roadmap for the distribution of assets among beneficiaries and can include directives for various aspects, such as appointing guardians for dependents or ensuring charitable contributions.
By formalizing one's intentions through a will, individuals gain control over how their belongings are distributed, offering peace of mind and clarity for their loved ones during a difficult time.