Chartered Retirement Planning Counselor (CRPC) Practice Exam 2025 - Free CRPC Practice Questions and Study Guide

Utilizing a will in estate planning primarily serves the purpose of ensuring that an individual's assets are distributed according to their wishes after their death. A will provides a legal framework for outlining how various assets—such as property, finances, and personal belongings—should be allocated among heirs or beneficiaries. This is a fundamental aspect of estate planning, as it allows individuals to specify their preferences and protect their loved ones by clearly stating who will receive what after they pass away.

The other situations described do not align with the primary function of a will. For instance, controlling assets during one's life or managing them during incapacity typically involves trusts or powers of attorney, which handle these issues while the individual is still alive. Additionally, while a will is an important estate planning tool, it does not help in completely avoiding probate; rather, it is typically subject to the probate process.