A Last Will and Testament is a legal document that outlines a person's wishes for their estate after they pass away. It is an essential part of estate planning, as it allows individuals to determine who will inherit their assets, how they will be distributed, and who will be responsible for managing the estate. A Last Will and Testament is only carried out once the person dies, and it must be written while they are still alive. The Last Will and Testament is an important document that provides all the necessary details of who will inherit your assets.
It also allows you to appoint a guardian for any minor dependents. Once you have passed away, the probate court will use your Last Will and Testament to close your estate. Creating a Last Will and Testament is an important step in ensuring that your wishes are carried out after you are gone. It is important to make sure that your Last Will and Testament is up-to-date and reflects your current wishes.
It is also important to make sure that it is properly executed and witnessed in order to ensure that it is legally binding.