Wills
A Will is one of the most crucial documents an individual should have. Without a will, a court will decide who will manage your assets, who will receive your property and who will take care of any children who are minors, upon your death. A Will allows you to appoint a guardian for minor children and someone to take care of the money and property until they are 18 years or older.
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Wills can be very simple documents or very complex. Wills are often referred to as Last Wills or Last Wills and Testaments.
With a will in place, an estate must still go through the process of probate. Because probate can be costly and take more time, many estates use a trust for planning.
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