A formal will is a set of written instructions by which a person communicates how his or her property shall be disposed of after death. The one who writes a will is said to be a testator, or a testatrix if the person is female. In the case of death where a will has been created, that person is said to die testate. In the absence of a will a person dies intestate. A designee instructed to handle the affairs of the estate is an executor or an executrix. A will or any part thereof may be revoked or altered by a subsequent written will, codicil or other writing, declaring such revocation or alteration; provided, that the same formalities required for the execution of wills under this law are observed in the execution of such will, codicil or other writing.