What is a will primarily used for?

A will is fundamentally utilized to specify how assets are distributed after an individual's death. This legal document outlines the deceased person's wishes regarding the allocation of their property, possessions, and finances to the designated beneficiaries. By clearly stating these intentions, a will helps ensure that the individual's assets are handled according to their desires, reducing the likelihood of disputes among heirs or beneficiaries.

While a will may also address other important considerations, such as appointing guardians for minor children, and it plays a role in managing debts, its primary purpose centers on asset distribution. In this context, options that focus solely on debt management or the creation of living trusts do not capture the core function of a will, which is about determining the fate of one's estate after death.