What is a will?

A will is a document that you put together which allows you to designate how you want your assets to be distributed at the time you pass away. Within that will, you not only determine who are receiving your assets at the time you pass away but also who you want in charge of that distribution, and that individual is typically known as an executor or a personal representative. It’s that individual’s responsibility to collect the assets at the time you pass away and make distribution of those asset to the people you want to inherit them.