A Last Will and Testament, commonly referred to as a Will, is a legally binding document that outlines your wishes for the distribution of your assets and wealth after your death. It also allows you to designate a guardian for any minor children you may have. A Will is an estate planning document that explains what you want to happen to your property when you pass away. It provides all the necessary details of who will inherit your assets. A Will and Testament, also known as a Will, is a legal document that expresses your final wishes in the probate court when you die.
It allows you to leave your assets to the heirs, as well as to the guardians of any minor dependents. Probate courts will use your Last Will and Testament when closing your estate. You can also name a guardian for your minor children in a Will and name the people responsible for managing and distributing your property. Without a Will, state law determines who will inherit your assets when you die.