Will

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Will

A document stating how and to whom a person wants his/her property transferred after death. In addition to transferring property, a will may specify how certain responsibilities are to be performed. For example, a will may state who shall take care of the decedent's minor children, how they are to be educated, and so forth. A court must enforce the provisions of a will unless there is some overriding legal reason for it not to do so. Many advisers recommend writing a will to ensure that the writer's wishes are carried out.

Will.

A will is a legal document you use to transfer assets you have accumulated during your lifetime to the people and institutions you want to have them after your death.

The will also names an executor -- the person or people who will carry out your wishes.

You can leave your assets directly to your heirs, or you can use your will to establish one or more trusts to receive the assets and distribute them at some point in the future.

The danger of dying without a will is that a court in the state where you live will decide what happens to your assets. Its decision may not be what you would have chosen, and its deliberations can be costly and delay settling your estate.

will

An instrument by which a person directs the disposition of assets after death.At one time the term will referred to disposition of real property, and a testament was a disposition of personal property,hence the expression “last will and testament.”Today,will covers all properties. See also holographic will (handwritten), nuncupative will (oral), intestate succession (dying without a will), and escheat (dying with no will and no heirs).
References in periodicals archive ?
Making too many decisions in a short time period leads to willpower depletion and poor choices
We hypothesized that athletes in the treatment group would spend more time on the puzzle, thereby exhibiting less willpower depletion.
As with your list of weaknesses that relate to your own personality and character traits, it is advisable to identify those people and other aspects of your life that challenge your willpower.
And if you want to sell a luxury product to a man--most know, an attractive woman reduces willpower.
Over 94 per cent saw willpower or commitment to the business as an important factor, with 93 per cent agreeing that passion for an idea also held sway.
This is why it is crucial to educate one's willpower, which in other words means to educate one's self.
Regrettably economic problems in today's global market cannot be solved by willpower.
MPs also stressed the significance that dialogue should be expressive of the willpower of all categories and components of the Bahraini society without exclusion or marginalization of any party and also emanating from the national willpower but rejecting and ruling out any external interferences.
There's a dominant theory in psychology that willpower is limited, and whenever you exert yourself to do a hard task or to resist a temptation, you deplete this limited resource" says psychologist Carol Dweck of Stanford University.
Someone who thinks sheer willpower alone is enough to conquer those sweet and savory snack attacks.
They believe the long fasting hours demonstrate the willpower to stay away from tobacco, giving the smoker the motivation and confidence in their ability to quit.