A will or a testament is a legal declaration by which a person names one or more persons to manage his/her estate, and provides for the transfer of his/her property at death.
Why is it important to have a will?
- To protect your assets.
- You don't want the government to choose where your assets go when you die.
- To ensure that your property (real and personal) go to the intended parties.
- Unforeseen events happen. A will ensures that your wishes regarding your valuables are adhered to.