A last Will and Testament is a legal document by which a person expresses their wishes as to how they want their property distributed upon their death. A Will also appoints an executor, otherwise known as a Personal Representative, to manage their estate and distribute their property according to their Will.
Wills & Estate
Wills are especially important for people with minor children, as they do not only distribute property upon a person’s death, but can appoint a guardian to care for their minor children in the event both parents pass away. A parent with minor children can also set up a trust within the Will that names a Trustee to manage the money and assets that they leave their children until their children reach a certain age.
