It is a legal document by which a person, termed as the testator/testatrix, expresses his/her wish as to how the property is to be distributed after their demise, and thus names one or more than one person, as the executor, to manage the property until its distribution. We can see inheritance and intestacy for the devolution of property not disposed of by Will.

All the wills must meet specific standards to be considered valid in a court of law. Writing one's own Will is a relatively straightforward process if your assets and bequests are also straightforward. In such a situation, as long as you follow the laws of your state, the Will is likely to endure up in a court of law and be executed according to your wishes.

Clearly label the document "Last Will & Testament." Then, state your full name and address, and assert that you are over the age of 18, of sound mind and are making the Will without any pressure.

EVALUATE AND CLASSIFY THE PROPERTY.

• Make a list of your assets, (including real estate, bank accounts, retirement accounts, stocks, bonds and any other tangible assets)
• After that assign your heirs a percentage of your total assets.
• Finally, sign the Will.
• Some states demand that your signature must be notarized, meaning signed in the presence of a public notary and stamped with the notary's seal.
• Ask witnesses to sign the Will.

WHAT TO INCLUDE IN WILL?

First, determining which specific property should be left with whom, you need to make a list of everything on your own. The next step is to remove all property or assets that are not needed to go through probate to be passed on to your heirs. Following things must be included in a Will:

• Real estate, buildings and land
• Cash, including money in savings accounts and money market accounts, etc.
• Intangible personal property, such as stocks, bonds, and other forms of business ownership, as well as intellectual property, royalties, patents, and copyrights, etc.
• The unproductive property, such as valuable objects like cars, artwork, jewellery, and furniture, etc.

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