A will allows you to name someone to act as Executor to manage your probate assets upon your death, pay your final bills and the costs of the administration of your probate estate, and distribute any remaining probate assets to your named beneficiaries.  Probate assets are those assets titled solely in one person’s name, and do not include assets that pass to a surviving joint owner according to rights of survivorship or to a person according to beneficiary designations such as on life insurance policies or retirement accounts.