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How To Write a Last Will and Testament ? Step by Step Step 1: Include information that identifies you personally. ... Step 2: Specify your age and mental status. ... Step 3: Choose an executor. ... Step 4: Specify who takes care of your children. ... Step 5: Choose your beneficiaries. ... Step 6: Specify your funeral details.
A will and last testament directs the disposition of your assets, such as bank balances, property, or prized possessions. It will detail who is to receive property and in what amount. It can establish guardian arrangements for surviving dependents.
When a will only deals with real property, it may be called a devise, and when a will only deals with personal property, it may be called a testament. If a decedent does not leave a last will and testament, their assets will be administered by a probate court.
The most simple definition of a last will and testament is a legal document that records how a person wants to distribute their assets upon their death. In estate planning and probate law, the ultimate goal is to mirror the testator's intentions and dispose of their assets in the manner they desire.