What is a Last Will and Testament?
A last will and testament is a document used to indicate a person’s monetary, property, and familial intentions after death. In a last will and testament, a person can provide instructions for the distribution of his or her assets to surviving beneficiaries. When prepared according to the laws of the country in which the creator lives, a will is a legal and binding document. A person who has created a will is called a testator. In addition to indicating the testator’s wishes for the distribution of his or her assets after death, a will can be used to appoint a legal guardian for the testator’s minor children. It is often wise to name an alternate guardian in case the chosen legal guardian cannot or will not accept responsibility for the care of the children. Without this provision, a court will decide who will care for the testator’s children in the event that the other parent is unavailable or unfit. Any person over 18 years of age may create a last will and testament. A person may ch
A. A Last Will and Testament is the legal document which controls the disposition of your property at death and may provide for guardianship for your children after your death. A will is not effective until death. As long as you are living, your will has no effect and no property or rights to property are transferred by it. 2. Q. CAN MY LAST WILL AND TESTAMENT BE CHANGED? A. Yes. Changes to a will are made by drafting a new will and destroying the old one, or by adding a “Codicil.” A Codicil is a legal document which must be signed and executed in the same manner as your will. NEVER MAKE ANY CHANGES TO YOUR WILL without consulting an attorney. Changes on the face of you original will may make it invalid. 3. Q. WHAT IS MY LEGAL RESIDENCE? A. Your legal residence is the state in which you have your true, fixed and permanent home and to which, if you are temporarily absent, you intend to return. Voting, paying taxes, owning property, motor vehicle registration and so on, are some indicato
