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the illinois last will what is a last will a last will is a set of public instructions about where your assets go after you pass away a person who creates a will is called a testator a person receiving under the will is called a beneficiary and the one who administers the estate of a deceased person is called an executor why write a last will this document allows you to make sure that your money and other assets go to the person or people you have named it also allows you to make specific distributions for example you can indicate what particular piece of property goes to whom or assign an asset percentage to each what are beneficiary requirements for the document to be valid in the state of illinois a will number one should be created by a person with the required testamentary capacity this means that a testator should be at least 18 years old and of sound mind number two it should be in writing in the state of illinois holographic wills as well as oral