Q:

What should appear on a last will and testament template?

A:

Quick Answer

A template for a last will and testament includes sections for distribution of digital assets, property after death and designates individuals to carry out the terms, according to Attorney Christopher B. Johnson with Rocket Lawyer. The template should also include the individual's name, address and contact information.

Know More

Full Answer

A template for a last will and testament provides individuals with an easy-to-use format to ensure assets are properly distributed following death, according to Johnson. A space must be provided for witness signatures and a clause of authenticity. If an individual has children under the age of 18, a section for the care of the child should be included on the template with contact information for individuals assigned to obtain custody, as well as information about trusts established for the child or children. The template should also include a section that details how assets should be liquidated, sold or obtained following death, and list the individual assigned as executor who acts as power of attorney for the estate.

Many templates also include a clause that notes instructions for how to reduce financial or asset distributions to individuals if debt, funeral and medical costs exceed the amount designated within the will, according to Law Depot.

Learn more about Financial Planning

Related Questions

  • Q:

    What is a small estate affidavit form?

    A:

    A small estate affidavit form is used by the heirs of a decedent for filing with the probate court and transferring title to assets, such as a bank account, according to Rocket Lawyer. It shows specific information about estate assets and their dollar value and who inherits the property under a decedent's will. If there is no will, state law determines who inherits the estate.

    Full Answer >
    Filed Under:
  • Q:

    How can you find free printable living wills?

    A:

    Free printable living wills can be downloaded and printed from Rocket Lawyer. People may want a living will if they need to ensure their wishes are carried out, they face hospitalization or surgery, they want to create an estate plan, or they have been diagnosed with a terminal illness.

    Full Answer >
    Filed Under:
  • Q:

    Are free revocable trust forms available online?

    A:

    Free revocable trust forms are available online at websites such as AllLaw, Rocket Lawyer and USLegal. On AllLaw and USLegal, visitors must copy the text into a document to edit and print; Rocket Lawyer provides a form that visitors can edit and print through the website.

    Full Answer >
    Filed Under:
  • Q:

    What did Shakespeare leave his wife in his will?

    A:

    Shortly before his death on April 25, 1616, famed English poet and playwright William Shakespeare constructed his last will and testament, which stated that upon his death, his wife Anne would receive his second best bed. In fact, this is the only mention of Anne in Shakespeare's will and testament, which many scholars and historians have taken as a sign that their marriage was not a happy one.

    Full Answer >
    Filed Under:

Explore