Real Estate Glossary

What is Will?

A will is a legal document that outlines how a person's assets and property will be distributed after their death. In addition to specifying how assets will be distributed, a will can also name an executor, who is responsible for carrying out the terms of the will and managing the deceased person's estate. It is important to have a will in place, as it can help to ensure that your assets are distributed according to your wishes and can help to avoid disputes among family members.