A is important in that it names your personal representative (executor) of your estate, names your beneficiaries, and names the guardians of any minor children you have. There is a common misunderstanding that a will avoids probate. It does not. Your will is like a letter to the probate judge stating how you want your estate to be handled as it goes through the probate process. A will is important also because, in addition to directing the distribution of some of your assets at death, it also can distribute the proceeds from traffic accidents or medical malpractice cases that result in death.