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Last Wills And Testaments

oboloo Glossary

Last Wills And Testaments

Last Wills and Testaments, commonly called a will, is a legal document written by you that outlines your wishes for what you would like to happen to your estate (your money, possessions, and other assets) after you pass away. It also appoints individuals to act as the executor of your estate who will be responsible for administering and distributing it according to your instructions. A valid will ensures that your estate is passed on to whom you intend, in the manner you specify. Your will should reflect your current wishes, so it’s important to keep it up to date if any of your circumstances change.

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