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Legal Definitions - last will
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Definition of last will
A last will is a legal document that a person creates to direct how their property and assets will be distributed after their death. It is also known as a testament or a will and testament. The last will is the most recent will of a deceased person and ultimately determines the disposition of their real and personal property.
Examples:
- John created a last will that stated his house and car would be given to his son, and his savings account would be split equally between his two daughters.
- Mary's last will directed that her antique collection would be donated to a local museum, and the rest of her estate would be divided among her grandchildren.
These examples illustrate how a last will can be used to distribute a person's property and assets after their death according to their wishes.
Ethics is knowing the difference between what you have a right to do and what is right to do.
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Simple Definition
Justice is truth in action.
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