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 ?
When the officers lifted the cover, the suspect, reportedly climbed out willingly because he could no longer take the foul smell of waste that he was covered in, thus giving himself up to the authorities.
Sahu, however, refuted the allegation and said that Gangwar donated his kidney willingly.
Global Banking News-September 11, 2017--Official says Australian banks would willingly quit wealth management
What makes it worse is when the Justice Secretary himself willingly exploits and amplifies such fake news like a troll without a modicum of effort to at least verify the same just to malign political opponents,' she said, referring to Aguirre's claim that Senators Bam Aquino, Antonio Trillanes IV, and former President Benigno Aquino IV's political adviser Ronald Llamas allegedly met with political families in Marawi last May 2, right before the Maute terrorist group attacked the city.
The bill stipulates that both the organiser of the pyramid scheme and the people who willingly enrol in it will be liable.
There is the kind of Jew who detests war and violence, who believes fighting is not "the Jewish way," who willingly accepts that Jews have their own standards of behavior.
They receive unexpected help from Cole, who has lost his memory and willingly capitulates with Nikki's plan to destroy the queen and her Shades, ending centuries of tyrannical rule.
These people represent the opposite side of society - those who willingly put back into society and channel their time and effort into creating a positive impact on not only this region but also willingly representing our country throughout the world in difficult areas such as Afghanistan and Iraq.
He has been asking for help and has willingly been admitted to a treatment centre in America.
Willingly Into the Fray provides a rare view through the lives of Australian Army nurses from the early days of 1899 to modern times.
If people had decided to demolish the Taj Mahal instead of the Babri Mosque in Ayodhya, I would have willingly led them.
ABU HAMZA preaches hate against Britain and the west and would willingly condone the murder of Britons in the name of his god.