This document is a Last Will and Testament, which serves as a legal declaration of the testator's wishes regarding the distribution of their property upon death. It can be used to:
1. Ensure debts, taxes, and funeral expenses are paid after the testator's death.
2. Appoint a personal representative to manage the estate and execute the will.
3. Allocate assets to named beneficiaries with provisions if a beneficiary predeceases the testator.
4. Protect the estate from disputes by revoking rights of beneficiaries who contest the will.
5. Specify that beneficiaries' interests are non-transferable.
6. Govern the will according to the laws of the specified jurisdiction and settle disputes therein.
7. Provide the personal representative with discretionary powers to manage the estate effectively.