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Bank accounts. Brokerage or investment accounts. Retirement accounts and pension plans. A life insurance policy.
Include personal identifying information. Include a statement about your age and mental status. Designate an executor. Decide who will take care of your children. Choose your beneficiaries. List your funeral details. Sign and date your Last Will and Testament.
A last will and testament is a document that allows you to decide who will inherit your assets after you die. As the testator, you select who your heirs will be and what they each will receive. You also name an executor, who will be responsible for distributing your assets in accordance with your wishes.
What Is a Last Will and Testament? A last will and testament, also known simply as a will, is a legal document that provides instructions for what should happen to a person's assets after his or her death.