File Name: Last-Will-and-Testament.pdf
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Last Will and Testament of ____________________I, _______________, of ______________, _____________, ____________, ____________, ofsound mind, memory, and understanding and not under undue influence nor constraint, dohereby make, publish, and declare this to be my Last Will and Testament and hereby revoke anyand all other wills and codicils heretofore made by me
ARTICLE I Personal RepresentativeI name and appoint ___________________, of ____________, _____________, ____________,____________, as the Personal Representative of this Last Will and Testament and shall havethe absolute power and authority to manage my estate. In the event that the PersonalRepresentative fails to deliver and/or perform, then I appoint ______________ of____________, ____________, ____________, _____________ to act in the PersonalRepresentative’s place and stead
ARTICLE II Expenses and TaxesI direct that all my debts, last illness, funeral, and burial expenses be paid immediately orwhenever reasonably convenient by my Personal Representative. I hereby authorize myPersonal Representative to settle and dismiss, in their absolute discretion, any rights or claimsagainst my estate
I further direct that all my inheritance, estate, and other payable taxes be paid by my PersonalRepresentative in accordance with the federal, state, local, and/or foreign laws
ARTICLE III Distribution of PropertyAll the remainder of my estate, whether real, personal, or mixed, notwithstanding its nature orwherever it is situated at the time of my demise, I give, devise, and bequeath to the followingpersons: 1st Beneficiary_________________, my _____________ of _______________, ____________, ___________,____________ leave the following property: ______________2nd Beneficiary_________________, my _____________ of _______________, ____________, ___________,____________ leave the following property: ______________3rd Beneficiary_________________, my _____________ of _______________, ____________, ___________,____________ leave the following property: ______________In the event that any of my beneficiaries predeceases me, then I bequeath all my remainingestate, whether real, personal, or mixed, notwithstanding its nature or wherever it is situated atthe time of my demise, be divided equally among the remaining beneficiaries
I hereby authorize my Personal Representative to sell any or all of my properties that cannot bedivided equally. I further authorize my Personal Representative to donate any or all myproperties to any charitable organization of their choice and to dispose of any or all of myproperties that can neither be sold nor donated. All expenses incurred by my PersonalRepresentative shall be considered as administrative expenses
ARTICLE IV DISCRETIONARY POWERS OF THE PERSONAL REPRESENTATIVEMy Personal Representative shall be allowed to possess and perform the followingdiscretionary powers without the need to secure a court approval or license:a. My Personal Representative shall have the right to lease a real estate property of mine undera set of terms and conditions that they deem appropriate. They can also provide options torenew, options to term extensions, and options to purchase
b. My Personal Representative shall have the right to settle any claims or taxes, whether infavor or against me, my estate, or to my Personal Representative
ARTICLE V UNPAID DEBTSIf any of my beneficiaries to this Will is indebted to me and is validated through a PromissoryNote at the time of my demise, then the beneficiary’s portion of the estate shall be reducedequal to the amount of such debt
ARTICLE VI ASSIGNMENTAny interests of any of the beneficiaries to this Will shall not be assignable, transferable, norpaid for any existing debts or equity. The interests of any of the beneficiaries shall not be in anyway, controlled nor interfered by spouses or creditors
ARTICLE VII GOVERNING LAWThis Will shall be governed by the laws of the State of ___________
ADDITIONAL ARTICLES ________________ ARTICLE IX BINDING AGREEMENTI, ________________, on this day, _________________ do hereby declare and execute thisdocument to be my LAST WILL AND TESTAMENT, and that I sign it willingly in the presence ofthe undersigned witnesses, and I execute it as my free and voluntary act for the purposesherein expressed
____________________ TESTATOR’S NAME The Testator, _______________, has signed, published, acknowledged, and declared thisdocument to be their LAST WILL AND TESTAMENT, in the presence of us, at their request, wehave hereunto subscribed our names as witnesses on this day _______________
________________ __________________WITNESSES’ NAME WITNESSES’ ADDRESS________________ __________________WITNESSES’ NAME WITNESSES’ ADDRESS WITNESSES’ AFFIDAVITState of ____________County of ___________This day, _______________, personally appeared before me, ________________ and________________, who have previously sworn, testify and declare that:They are the same persons who subscribed their names as witnesses to the Will of_______________, on this day, __________________. We hereby certify that that Testator wasof sound mind, memory, was not under duress or undue influence, and that the Testator isabove 18 years old; that the Testator has signed this foregoing instrument as a free andvoluntary act for the purposes stated herein
Taken, subscribed, and sworn to me by the said Testator and the witnesses, this________________
___________________NOTARY PUBLIC’S NAMEMY COMMISSION EXPIRES: _________________
Document to be my LAST WILL AND TESTAMENT, and that I sign it willingly in the presence of the undersigned witnesses, and I execute it as my free and voluntary act for the purposes above 18 years old; that the Testator has signed this foregoing instrument as a free and voluntary act for the purposes stated herein. Taken, subscribed, and
A last will ensures that a testator’s wishes regarding asset distribution is followed and that the state’s intestacy laws do not kick in. Having a last will and testament also ensures that you have chosen the executor of the estate, the person in charge of making sure all your bequests are carried out.
What you should include in a last will and statement are:
How to Find a Will Record Method 1 Method 1 of 4: Obtaining Records in the U.S. Find the deceased person's full legal name. ... Method 2 Method 2 of 4: Finding Will Records in England and Wales. Identify the deceased. ... Method 3 Method 3 of 4: Obtaining a Will in Australia. Find required information. ... Method 4 Method 4 of 4: Finding a Will in Canada. Find out where the person died. ...
A last will and testament also specifies the person responsible for executing the plan. In essence, a will lets you define your assets, name beneficiaries, including minor children, and appoint someone to oversee the distribution process to ensure its successful.