What is a will?

A will is a legal document that is used to indicate how you would like your assets to be divided after your death. It is one of the most important documents you will ever create and must be kept up to date. In Tennessee, wills must be in writing and must be signed by the person making the will, or in the presence of two witnesses who also sign the will. The individual who creates the will is known as the testator. A will is a legal document that outlines how you want your assets distributed after you die. This includes items such as money, real estate, personal possessions, stocks, cars, and any other assets you have. You can name beneficiaries of your assets, appoint guardians for any minor children, and leave gifts or bequests to friends, family, or charities. Not only can you choose who will inherit your assets, but you can also name an executor to carry out the instructions of the will. When it comes to probate law in Tennessee, a will is considered valid as long as the testator was of sound mind when creating the document. Once the testator passes away, the will is brought to probate court to ensure it is valid and its provisions are followed. The court has the authority to decide how the assets of the deceased are divided. It is important to ensure that you have a valid will in order to avoid confusion and make sure your wishes are carried out after your death.

Related FAQs

Who can serve as a witness to a will?
How do I challenge the validity of a will?
Are there limits on how much I can leave in a will?
Can I make changes to a will after I have died?
How long does it take to probate a will?
What should I consider when writing a will?
What is a death tax?
Should I consider a will or trust to avoid probate?
Can I set up a trust to pay for my funeral?
What is an executor’s deed?

Related Blog Posts

Understanding Wills and Probate Law: The Basics - July 31, 2023
The Benefits of Establishing a Will: An Overview - August 7, 2023
Creating a Trust to Maximize Estate Planning Benefits - August 14, 2023
How Executors Handle Probate: A Step-by-Step Guide - August 21, 2023
The Difference between Wills and Living Trusts - August 28, 2023