The last will and testament is a document that is created by the grantor to show how his wealth and property will be distributed when he dies. It gives an outline of what should be done when someone does. It is important to have it to avoid skirmishes that could arise as a result of a dispute over inheritance.
Therefore, there is a need to use a professional template because it is considered a legal document.
Last will and testament template #1
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- MS Word
Last will and testament template #2
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- MS Word
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- MS Word
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- MS Word
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- MS Word
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- MS Word
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- MS Word
Last will and testament template #8
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- MS Word
Last will and testament template #9
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- MS Word
Last will and testament template #10
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- MS Word
People Who are Involved in a Last Will and Testament
Drafting a last will and testament is not enough because you will require the following people who will enforce it. They include: – the witness, beneficiary, and executor.
- Executor. This is an authoritative person who ensures the particulars in the document are executed. Some people might choose a family member to be an executor, but it is advisable to choose someone from a third party who will not favor anyone.
- Beneficiary. Beneficiary is someone who has been given some part of the property and it has been documented in the last will and testament. However, in cases where there is no next of kin, the wealth can be channels to a charitable organization. You can also decide to assign to alternate beneficiaries of the immediate next of kin are no longer alive. It is always important to have alternate beneficiaries because you never know what will happen in the future.
- The witness. This are people who can attest that you were sound mind when making the decisions. If the authenticity of the legal document is questioned you will need two or three people who will testify that you were not forced when documenting the last will and testament.
Last will and testament template #11
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- MS Word
Last will and testament template #12
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- MS Word
Last will and testament template #13
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- MS Word
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- MS Word
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- MS Word
Last will and testament template #16
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- MS Word
Last will and testament template #17
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- MS Word
Last will and testament template #18
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- MS Word
Things to Keep in Mind When Writing a Will
The following are the things that you need to do when writing a will.
Identify yourself
Identifying yourself is more than providing your name. You need to provide more elaborate information which might include social security numbers and other private documents that will justify you were the one who drafted the document.
Declare your will
Declaring your will implies that you are nullifying any previous will. This is to justify that the will that you have provided is what should be subject to execution.
Specify and authorize your executor
You need to specify your executor once you have identified yourself. Therefore, you should provide their personal information. You should also testify that you trust the persona and he is fully in charge of executing what is provided in the document.
Determine the beneficiaries as per the assets
You need to define your beneficiaries. Most people present their beneficiaries as their children or spouses but there is no limitation to who should be the beneficiary of the property. If you give an unusual beneficiary who could be a stranger that you possibly met somewhere you will need the witness to testify that you decided when you were of sound mind. You might also require a lawyer who will also testify.
Provide conditions gifts
This is not common but it happens when you provide a condition that should be fulfilled first so that the beneficiary can be legible to be allocated the property that is provided in the document. For instance, the condition might be placed on a student who is still in school.
Give any special requests
This is a specific request that you make on how you should be laid to rest when you die. People give exact location on where they want to be buried among other requests.
Finalize your will
You will need to finalize your will Irrespective of the last will and testament template that you use. This shows that no one is allowed to make any further amendments to the will.
These steps will ensure your will is comprehensive and it is not subject to any adjustments.
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