In order for a person's assets to be distributed as desired after death, what is necessary?

To ensure that a person's assets are distributed according to their wishes after they pass away, having a will is essential. A will is a legal document that outlines how a person's assets should be managed and distributed upon their death. It specifically details who will inherit certain items or sums of money and can also name an executor to oversee the fulfillment of these wishes.

Without a will, the distribution of assets may be governed by state laws, which may not reflect the deceased's preferences. A will allows for greater control over one's estate and can include instructions for guardianship of minor children, making it a critical component in estate planning.

While an attorney can assist in drafting a will or other estate planning documents, a will itself is the document that ultimately dictates the distribution of assets. Trusts can also facilitate asset distribution, but a will is usually the more straightforward option for most individuals. A financial power of attorney, on the other hand, is only relevant while the person is alive and cannot dictate posthumous asset distribution. Therefore, having a will is crucial for ensuring that a person's last wishes regarding their assets are honored.