Posted in Asset Protection,Probate & Trust Administration,Wills, Trusts & Estate Planning

What is a Will?

A Last Will and Testament (often just called a “will”) is a written direction controlling the disposition of property at death. The laws of each state set the formal requirements for a legal will. In Florida:

• The maker of the will (called the testator) must be at least 18 years old.
• The testator must be of sound mind at the time the will is signed.
• The will must be written.
• The will must be witnessed and notarized in the special manner provided by law.
• It is necessary to follow exactly the formalities required for the execution of a will.
• To be effective, the will must be proved in and allowed by the probate court.