SECURE YOUR LEGACY: THE IMPORTANCE OF HAVING A LAST WILL & TESTAMENT

Direct link: https://www.businessobserverfl.com/news/2024/jul/25/secure-your-legacy-the-importance-of-having-a-last-will-and-testament/

The Last Will & Testament (the “Will”) is a foundational piece of any estate plan. The purpose of the Will is to nominate a personal representative and dispose of certain property held in an individual’s sole name. The Will does not dispose of property passing by operation of law (e.g., joint ownership with rights of survivorship or beneficiary designations) or held in an alternative form of ownership such as trust.