A will allows you to determine what happens to the assets created from a lifetime of work and intelligent planning. A will specifies who will control and distribute your assets, who will receive your property and assets, and who will be the guardian(s) of your children.
You can also pass assets to your favorite charity through a will. Your will is enforced through a legal process called probate. Generally, in probate, a court will make certain that your wishes are carried out properly and in a timely manner.
The potential complexities in the probate process are overcome when wills are written in a manner that averts misinterpretation or possible legal contests. In conjunction with estate planning, wills are a tool to protect family interests and assure the happiest future possible for heirs based on your values.