Image for Statute of Wills

Statute of Wills

The Statute of Wills is a law that allows individuals to specify how their property and assets will be distributed after they pass away. Established in England in 1540, it requires that a will be in writing and signed by the person making it, often referred to as the testator. This law ensures that a person’s wishes regarding their estate are respected, provided they meet legal requirements. It is foundational for modern estate planning and helps to prevent disputes among heirs regarding the deceased's intentions.