![]() Name a Guardian for your Minor Children in Your Will There's quite a bit of information you need to explore on this which we also cover in detail, starting with the page on Family Wills and Trusts. If you will be drafting a Testamentary Trust Will, you will need to nominate a trustee - if it is not the same person as the executor. Get more information on choosing an executor and the duties of anĮxecutor of a Will as well as information on the Probate process.Īnd then the very important other person. If you do not specifically name an executor in your Will, the courts will appoint one and executor's fees may be payable. You should also name an alternate executor should your first choice not be available or willing at the time. A competent friend may also be nominated, but you should discuss their willingness to do this duty with them first. This makes good sense, since they have knowledge of the assets and the interest to see to a speedy wrap-up of the estate and the probate process. People typically name the remaining spouse or main beneficiary of the estate as executor. Name an Executor and/or Trustee For Your Will Note: In giving your personal details, be as complete as possible - add any identification numbers, maiden names etc. You are not under duress or undue influence to make this Will.This is your last will and testament, revoking all previously made Wills and codicils.You are of legal age to make a will and are of sound mind and memory.You will state your full name and residential address, with a declaration that: Typically the headline would be: LAST WILL AND TESTAMENT 2. How to write a Will: A step-by-step guide 1.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |