Wills (sometimes also called testaments, and combined with a testimony) have been around for thousands of years. A will is a legal “document” that allows someone (a person also referred to as a testator, as opposed to an heir who received an inheritance) to make a declaration that one or more people is to manage his estate (which consists of his home, wealth, property, etc.). Additionally, a will makes provision for transferring that testator’s property to those named people at his death.
In order for wills to be valid, they must meet the following requirements:
There are numerous different types of wills, including: