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A will, or last will and testament, is a legal document outlining the distribution of a person's assets after death. The reading of a will, often depicted in films with dramatic family confrontations, doesn't fully represent reality. It's vital to understand that having a will protects your wishes and simplifies the distribution process. Wills shouldn't be seen as intimidating; they offer an opportunity to avoid attorney fees. Assets must be allocated after a person's death; without a will, they default to distribution based on state laws, usually to the next of kin. Understanding the importance of wills can help ensure your desires are fulfilled.
