This question is incomplete. Here is the complete question:
What are the four major components of a will?
A. proposal, directives, power of attorney, trusts
B. statement, clauses, executor, amendments
C. principle, conditions, beneficiary, notary
D. purpose, considerations, executor, codicil
Answer:
The correct answer is: D. purpose, considerations, executor, codicil.
Explanation:
We must first begin by clarifying what a will is. A will is a legal declaration of what a person wants to do with all the material assets that they possess, once they have died.
Now these are its four main components:
- Purpose: In this section the person will legally designate someone who will be in charge of all these assets once they have died.
- Consideration: Here it will be established how these assets will be distributed.
- Executor: Here someone will be appointed and is who will be in charge of the administrative part, and who will be responsible for executing the will of the person after his death.
- Codicil: It is the presentation of the document in written form that contains all this information.
