• Making a will can lower the expense of settling disputes and avoid expensive legal bills and disagreements over assets, inheritance, or unpaid debts.
• The person selected to be your children’s guardian is not within your control.
• You might not be able to provide the financial security you want for your children or grandchildren.
• You can specify how assets are distributed among heirs via a will.

A will or testament is a legally binding document wherein the testator articulates their posthumous property distribution preferences and designates one or more executors to oversee the estate until its ultimate dispersal.

Testator is the person who writes the will.

A beneficiary is a person who inherits the property and other assets under a will.

Executor is the person appointed to administer the estate and carry out the wishes of the testator.