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 classic literature ?
"I," said the Fever, "And I'm no deceiver, I'll shake his hand."
"I'll give you something better -- I'll give you a cowhide.
"For the price of four pennies, I'll sell you my coat."
Then come and dine with me, and, after meat, We'll canvass every quiddity thereof; For, ere I sleep, I'll try what I can do: This night I'll conjure, though I die therefore.
Silver," I said, "I believe you're the best man here, and if things go to the worst, I'll take it kind of you to let the doctor know the way I took it."
"I'll go myself to the nearest chemist, and he shall give me the very strongest stuff he's got.
"If he's squeamish about it I'll give YOU the money."
'I'll begin,' said Riderhood, 'when I've smoked this here pipe out.'
"They're not my friends," he exclaimed passionately "I'll clear them out neck and crop."
"Well, I'll do my best," promised Anne, burying her face in Marilla's lap.
"If mother will let me go to church like this I'll go.
"I'll never tell him to my dying day, wild horses shan't drag it out of me, so you'll forgive me, Meg, and I'll do anything to show how out-and-out sorry I am," he added, looking very much ashamed of himself.

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