What is a last will and testament?
A last will and testament is an important legal document that someone creates while they are still alive. It is a document that states how the creator would like to divide their assets, including property and money, upon their death. A last will and testament allows the person to decide how their estate is handled after their death, instead of the court making those decisions. In Florida, a last will and testament must be in writing and signed by the person making it or by someone in their presence and at their direction. This document should include the name of an executor or executrix who will manage the estate and carry out the deceased’s wishes. The document should also list beneficiaries, or people who will receive assets from the estate, and specify who will be responsible for any debts or taxes the deceased may have. When an individual dies, their last will and testament is sent to the court for approval and is considered a public document. The court will then make sure that the will is valid and that the estate is distributed according to the deceased’s wishes. If there are any disputes, the court will decide how to settle them. Estate planning is an important part of life, and creating a last will and testament is an essential tool for protecting one’s assets and wishes after death. By creating a document that clearly outlines their wishes, individuals can make sure their assets are managed in accordance with their wishes and not the court’s.
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