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A last will is a document used to transfer assets upon a person's death. The individual creating the will is known as the testator or grantor, while the recipient is called the beneficiary. Each state may have different requirements for a will to be valid, but generally, it should be executed by someone with testamentary capacity, in writing, and signed by two witnesses in the presence of the testator or at their direction. Testamentary capacity implies that the testator is at least 18 years old and of sound mind, which is assessed at the time of signing. Competency includes understanding the nature of the property, the beneficiaries, and the planned distribution. Subsequent incompetence does not invalidate the will.