A will is often the cornerstone of an estate plan. Here are five things you may be able to accomplish with a will:
Distribute Property as You Wish
Wills may enable you to leave your property at your death to a surviving spouse, a child, other relatives, friends, a trust, a charity, or anyone you choose. There may be some limits, however, on how you can distribute property using a will. For instance, your spouse may have certain rights with respect to your property, regardless of the provisions of your will.