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A last will and testament is a legal document that communicates a person's final wishes pertaining to possessions and dependents. A person's last will and testament outlines what to do with possessions, whether the deceased will leave them to another person, a group or donate them to charity, and what happens to other things he or she is responsible for, such as custody of dependents, and management of accounts and interests. Some states do allow for unusual wills, such as a holographic will.
Sources: https://www.investopedia.com/terms/l/last-will-and-testament.asp
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