Final answer:
A will is a voluntary legal document that directs the distribution of an individual's property and assets after their death. It applies to all assets, not just real estate. A similar but distinct concept is a living will, which outlines desired medical treatments in the event of serious illness.
Step-by-step explanation:
A will is a legal document that allows an individual to dictate how their property and assets will be distributed after their death. The options presented are close but not entirely accurate. The best description would emphasize that it is a voluntary, legal instrument that determines the distribution of an individual's property after death. It does not only pertain to real estate, but to all assets an individual owns and does not automatically transfer property to heirs. It only does so if explicitly stated in the will.
For instance, as cited in Code 150, a man could willingly designate his property to his wife through a will, including fields, gardens, and houses. After his death, if the sons make no claim, the mother can bequeath the property to a son of her choosing, entirely based on her preference.
Additionally, a living will, also known as an Advanced Directive, which is a legal document that specifies the medical treatments a person wishes to implement or avoid, typically in the case of serious or terminal illness. It may contain instructions such as 'Do Not Resuscitate' (DNR) order.
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