Will means anything that is expressed in the future tense. It could be anything that is inevitable and anything that equates to desire, intention, etc. Of course, it is also a legal document created by an individual granting his/her assets or estate to heirs and others, after his/her demise.
Here are some of the definitions applicable to the term- will.
1. Expresses intention, desire, willingness, choice, consent, etc.
2. Used for expressing anything that is inevitable or is in the future.
3. Used for expression of any command, directive, injunction, etc.
4. Used for expressing probability, customary action/tendency, and persistence/determination/insistence.
5. A legal declaration and statement of the wishes of an individual regarding the distribution of his/her property to heirs after his/her demise. This is legally executed and is a written instrument.
As the above-mentioned definition suggests, a will is a legal document. This is made by an individual to distribute his/her property and assets amongst legal heirs, and others, after his/her demise. The will should be legally attested, signed, and even registered. There should be some property which is being given to heirs and others after the demise of the individual. Hence, wills have a big role to play in the real estate sector. This is because they deal with the inheritance, sale, and transfer of properties in various categories and of various types.
