Last Will and Testament. What is a Will and Why Do You Need One?
Автор: US Legal Forms
Загружено: 2021-06-24
Просмотров: 716
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Last Will is the document that you sign before you die which tells the world through the probate court lots of things about you and your wishes.
Here are a few important things your Will expresses for you:
☑️ Who your heirs are
☑️ Who you want appointed to handle your estate affairs
☑️ How you want your stuff distributed – who gets what
☑️ Who would care for your minor children and how their inheritances are managed
☑️ How debts should be handled
☑️ Your preferences on burial or other funeral matters
If you die without a will, the decisions on these things will be made by the court through what we call “intestacy.” Each state has laws that govern the specific rules of distribution usually based on descendants. That's why it’s better to make these decisions yourself by executing a valid legal Last Will and Testament.
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