Wills
- Details
- Written by Super User
- Category: Content
- Hits: 5703
In order to assure that a person’s assets go to whom he/she wishes, the simplest estate planning document to provide for the disposition of assets is a Will. A Will also: allows for the appointment of an executor (call a “Personal Representative” in Florida), may give burial instructions, may create a Trust upon the death of the person creating the Will, may provide for payment of certain debts and may direct reference to other documents. Having a Will relieves the beneficiaries of the decedent from having to prove their entitlement to the assets titled in the decedent’s name. A Will does not become effective until the death of the person who created the Will.