A properly drawn will is the only way to be sure that your property at your death goes where you want it to go. By executing a will you may dispose of real and personal property at your death in the proportions and to the persons you wish; appoint competent and trustworthy executors, trustees and children’s guardians; and create trusts.
If you will be leaving large sums of money to your minor children, the will should provide for a trust with a trustee, such as a bank, which can provide proper money management until your child reaches the age of 18 or older. Making a will is a privilege and if it is not executed in strict compliance with state law, it may be declared to be invalid and your property will pass as if you had no will.