Witness signatures – Most states require two (2) disinterested witnesses to sign the will, but check the state signing requirements.If the testator is found to have signed under duress, the will would be considered invalid. Testator’s signature – In order to be valid, the will must be signed in accordance with state law, and the testator must be of sound mind.It’s usually recommended that the executor not be a beneficiary and instead be an attorney. Personal representative (executor) – The testator will list a trusted person that is put in charge of paying bills, handling accounts, and distributing property among the beneficiaries.Assets and property – A list of all valuables and to which beneficiary the assets will be given.Beneficiaries – The names of every individual who will be eligible to receive the estate.Debts – How outstanding debts, like funeral expenses or any other expenditures that would be left behind by the testator would be paid.Last Will and Testaments (Wills): By StateĪ will should include the following sections:.After signing, copies should be given to all beneficiaries and the testator’s attorney. Most states require two (2) disinterested witnesses to sign in order for the will to be valid.
A last will and testament or will allows a person (the “testator”) to make a sworn statement about which person or people (beneficiary) will receive real estate and personal property after their death.
0 kommentar(er)
