Define: Last Will And Testament

A Last Will and Testament, often referred to simply as a “will,” is a legal document that allows an individual (the testator) to specify how they want their property and assets to be distributed after their death. In addition to naming beneficiaries who will inherit their assets, the testator may also appoint an executor to oversee the administration of their estate and make provisions for the care of minor children or dependents. A will can also be used to express funeral and burial preferences, designate guardians for minor children, establish trusts, and address other important matters. To be valid, a will must meet certain legal requirements, such as being in writing, signed by the testator and witnesses, and executed with the necessary formalities according to applicable laws. A well-drafted will helps ensure that the testator’s wishes are carried out effectively and can provide peace of mind for themselves and their loved ones.

This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

This glossary post was last updated: 29th March 2024.