Most Common Types of Wills: How to Pick the One for You

Editor's note: This post was originally published May 9, 2022, and has been updated for accuracy, comprehensiveness and freshness on July 31, 2023 and July 24, 2025.

Estate planning is not one-size-fits-all, and choosing the right type of Will is a key part of protecting your family's future. With so many different types of Wills available, understanding your options can feel overwhelming. This guide explains the major types of Wills and trusts, how they work, and how to choose the right option for your situation.

By the end of this article, you'll have clear, actionable information that simplifies estate planning concepts and helps you make informed decisions about your legacy.

What is a Will?

A Will is a legal document that outlines how your assets will be distributed after death. In plain terms, it's your written instructions for who gets what from your estate when you're no longer here to make those decisions yourself.

Beyond asset distribution, Wills can also:

• Designate guardians for minor children
• Include specific instructions for final wishes
• Name an executor to handle your estate

It's important to understand that Wills work alongside other estate planning tools, like trusts or beneficiary designations on accounts. They're part of a comprehensive approach to protecting your family's future.

The 4 major types of Wills explained

What are the four major components of a Will? While the components may vary, there are four primary types of Wills recognized in estate planning. Each serves a specific need, and while some Will types are more common than others, understanding all your options is essential.

Simple Will

The simple Will is the most common type of Will for individuals with straightforward estates. A simple Will usually appoints someone known as an executor to oversee your estate after you pass. This individual takes on key responsibilities, such as settling any remaining debts, closing out financial accounts, and ensuring that your assets, whether it's cash, personal belongings, or property, are passed along to your chosen beneficiaries.

This document typically:

• Names beneficiaries for your assets
• Outlines who gets what property
• Appoints an executor to manage your estate
• Designates guardians for minor children

Simple Wills work well for people with uncomplicated financial situations and clear wishes about asset distribution.

Joint Will

A joint Will, also called a mirror Will, is one document created for two people, usually spouses. This single document covers both partners' wishes for asset distribution.

However, joint Wills are becoming less common because they can restrict flexibility after one partner dies. If the Will is legally binding, the surviving spouse will not be able to make changes to the Will, even if circumstances change significantly. However, if the Will is not a contractual one, the surviving spouse can change it after the death of their loved one.

Living Will

A living Will is not about distributing property but giving instructions for medical care if you become incapacitated. This document outlines your preferences for life-sustaining treatment and end-of-life decisions.

Living Wills are often paired with a healthcare power of attorney to ensure your medical wishes are followed when you cannot communicate them yourself.

Since a living Will focuses on medical decisions rather than who inherits your assets, it is best to include a separate Will in your estate plan. Typically, this means adding a simple Will that outlines how your property and belongings should be distributed after your death. Creating both documents helps ensure every aspect of your wishes is clearly addressed and legally protected.

Testamentary trust  

A Will with a testamentary trust creates a trust after death to manage assets for beneficiaries, such as children. This type of Will allows for controlled, long-term distribution of assets rather than immediate inheritance.

A Will with a testamentary trust is particularly useful when beneficiaries are minors or when you want to provide ongoing financial support with specific conditions.

Are there other types of Wills?

Beyond the four main categories, there are different kinds of Wills that some people might encounter. These are more specialized but important to be aware of when exploring examples of Wills.

Holographic Will

A holographic Will is a type of Will that is written completely by hand and signed by the person making it, known as the testator. Unlike other Wills, it does not always require witnesses or notarization to be valid in certain states. In Oklahoma for example, this kind of Will is legally accepted as long as it is fully handwritten, signed, and dated by the testator.

While these may be valid, they can lead to legal challenges if not properly witnessed or structured according to state requirements.

Holographic Wills should be approached with caution, as they're more likely to face contests in probate court.

Nuncupative Will

A nuncupative Will, often called an oral or deathbed Will, is a verbal declaration of a person’s final wishes rather than a written document. It is usually made when someone is near death and unable to prepare a formal written Will. Most states in the U.S. do not recognize nuncupative Wills, and in the few that do, they are only valid under very specific and limited conditions.

A nuncupative Will is rarely accepted and typically only valid in emergencies or for military personnel. These Will types often require witnesses and supporting evidence in probate court.

Which type of Will is right for you?

Choosing the right type of Will depends on your personal circumstances, family structure, and long-term goals. Here's a breakdown to help guide your decision:

• For families with dependents: A testamentary trust Will can offer strong protection, letting you specify how and when your assets are distributed to your children or other beneficiaries over time.

• For single individuals with simple estates: A simple Will is often sufficient, providing clear instructions for asset distribution without adding unnecessary legal complexity.

• For couples: Creating individual Wills instead of a joint Will can offer greater flexibility, allowing each spouse to tailor their plans based on their own needs and the needs of the surviving partner. Couples can also consider creating a joint Will without a legally binding agreement.

• For those seeking full coverage: Consider pairing your Will with other essential estate planning tools such as a living Will and a Durable Power of Attorney. This ensures that both your medical wishes and financial matters are handled according to your preferences if you become unable to make decisions for yourself.

Common mistakes to avoid when creating or updating a Will

Even if you choose the right type of Will, certain oversights can weaken your estate plan or create complications later. Avoid these common mistakes to ensure your wishes are clearly carried out:

• Not updating your Will after major life changes: Events such as marriage, divorce, the birth of a child, or the death of a beneficiary can significantly impact your estate. Failing to revise your Will accordingly may lead to complications or unintended outcomes.

• Leaving out contingent beneficiaries: If your primary beneficiaries pass away before you, and you haven’t named alternates, your assets could end up being distributed according to state laws rather than your wishes.

• Ignoring state-specific legal requirements: Every state has its own rules about how a Will must be signed and witnessed. Not following these procedures can render your Will invalid, no matter how clearly it's written.

• Using DIY templates without legal review: While online forms may seem convenient, they often overlook critical details. Without a professional review, you risk including errors that could delay or complicate the probate process.

Do you need a Will or a trust?

When planning your estate, it’s important to understand that Wills and trusts are not competing tools they’re often used together to create a well-rounded plan. Each serves a unique purpose in protecting your assets and ensuring your wishes are followed. Below, we’ll break down when each option makes the most sense and why many people benefit from using both.

When a Will makes sense

A Will is a core part of any estate plan. It lays out your instructions for how your assets should be handled after your death and allows you to name key individuals, such as guardians for your children or an executor to manage your estate.

Why choose a Will:

• Specifies who inherits your property and personal belongings
• Lets you appoint a guardian for minor children
• Covers any assets not included in a trust or passed through other legal arrangements
• Typically simpler and less expensive to create
• Can be easily updated as your life and priorities change

When a trust is the better option

A trust is a legal arrangement that holds and manages your assets, often while you’re still alive and after you pass away. Unlike a Will, a trust can help you avoid probate and gives you more control over how and when your assets are distributed.

Why choose a trust:

• Helps bypass the probate process, saving time and legal costs
• Offers privacy, as it generally does not become a public record
• Allows for detailed control over asset distribution
• Useful for complex estates or managing property in multiple locations
• Can protect beneficiaries who may need ongoing financial guidance or care

Why you may need both

For many people, the most effective estate plan includes both a Will and a trust. The trust handles the long-term management of your assets, while the Will serves as a backup for anything not included in the trust and ensures that personal wishes like naming a guardian are honored.

How LegalShield can help with your estate planning

LegalShield understands that estate planning can be confusing and costly. That's why LegalShield Members get access to experienced provider lawyers at an affordable monthly rate for all their estate planning questions.

LegalShield's personal legal plans include having a provider law firm draft your Last Will & Testament, Living Will, and Power of Attorney at no additional cost. Members can also speak with provider lawyers to determine what their estate plan should include and get answers to questions about different types of Wills.

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Written by Elyse Dillard, Content Specialist at LegalShield. Elyse creates educational resources about legal and identity theft protection services. She works to make complex legal concepts more accessible to readers and has contributed to numerous articles on the LegalShield blog.

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