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Have you checked out the perfect Last Will And Testament Template Form?
A Last Will and Testament is basically a legal document where the testator identifies his/her heirs or such individuals who will receive his/her properties and possessions upon death. These individuals are also known as beneficiaries under the will. The primary purpose of this document is to provide the testator a chance to select the distribution of his/her property after death, however, he/she wishes to.
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It seems favorable to have a Last Will And Testament Template Microsoft Word after working hard in life and earning your own home, car, bank balance, etc. so that you can have a choice in deciding where all your property goes after your death.
Components of the Last Will And Testament Template Microsoft Word
Basic components of a will are:
Introduction:
An introduction should contain the affirmation that the testator is at least 18 years old, full name, address, etc.
Executor:
An executor should be appointed to take the responsibility and administer the provisions of the will.
Heirs:
Heirs are the beneficiaries or people who receive a stated property from the testator in the will.
Guardian:
A guardian should be named for any minor or dependent children in the will.
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Assets/Property:
The assets should be listed in the will including real estate property, bank account, etc. and divided among the heirs in definite ratios and proportions that should be mentioned in the will.
Signature:
The will should then be signed by the testator.
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Witnesses:
The witnesses should sign the last will and testament.
Here are various types of templates to choose the right Last Will and Testament Template.
Holographic Will: Last Will And Testament Template Microsoft Word
This type of will and testament template is one which has the testator's own handwriting or is sometimes printed out of a typewriter. This will is entirely handwritten and signed by the testator.
Nuncupative Will : Last Will And Testament Template Microsoft Word
This type of will was initially spoken out loud and then reduced to a written form. This will is generally used when the testator's physical condition is not well or the death is impending due to injury/disease. In some states, this type of will is only recognized if there are two or more witnesses present at the time of reciting the will.
Self-Proved Will
This will is validated with an affidavit signed by the witnesses. The attached affidavit is signed by the witness in front of an authorized Notary. This action is to confirm that the will is created abiding all the laws and will be validated post the testator's death.
Serviceman's Will
This will is of a person in active-duty military service, particularly under the English-law. This type of will sometimes lack additional formalities that have to be fulfilled in case of normal pedestrians.
Unseen Will
This is such a will in which the testator is unknown but the beneficiaries are recognized.
The last will and testament template should be used carefully instead of writing out a will as it keeps the details brief and delivers the correct information in fewer words. The templates also help in forming the sentences and dividing the assets and property to the heirs in the correct manner. Choose your Last Will and Testament template wisely.
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