David G. Bale
Wills and Trusts: What They Are and Why You Need Them Part 2
The Last Will and Testament is the primary planning document specifying the transfer of property from a deceased person's estate to his beneficiaries.
It also can name a guardian for minor children or dependents, while providing other direction to courts for their care. (It may include a "Testamentary Trust" to provide for the minor's or dependent's financial estate.)