What is a will?

Wills are a written document designed to dispose of its creator’s property at death. A Will must appoint a Personal Representative (also known as an Executor) who will execute the instructions in the Will and distribute the decedent’s property to the persons designated to receive it. A Will can be very simple. But often, wills accomplish more complex goals such as the creation of trusts to hold property for an extended period of time. Wills may also address the appointment of a guardian for minor children. It is important to note that a Will is only effective upon its admission to probate by a proper court. Further, state law varies, but Wills must comply with strict formalities in order to be valid.