A will is a legal document that details your assets — including money, personal property, and real estate — and provides instructions for how you’d like them handled after your death. A will names a beneficiary, or beneficiaries, to receive your assets and a trustee who’ll be responsible for distributing them. Depending on the type of will you’re creating, wills can also name guardians for any dependents, designate power of attorney, and name your end-of-life healthcare decisions — should you need to plan for that.