What does a will usually contain?
A will normally contains several important elements. One, it appoints a personal representative or a successor personal representative to do the duties of a personal representative. Two, it directs the disposition of tangible personal property, like all the assets in your home, your jewelry, your collectibles, your heirlooms, and it also directs the disposition of your other assets. If you don’t do it asset by asset, there’s usually a residuary clause that says, “I leave the rest or remainder of my estate to the following people,” normally a spouse. If no spouse, the children. If no children, they name relatives or charities.