
#LAST WILL AND TESTAMENT TEMPLATE MICROSOFT WORD FULL#


All of the residue of my estate to _ of _,, for their own use absolutely.I direct my Executor to distribute the residue of my estate as follows ('Share Allocations'):.All property given under this Will is subject to any encumbrances or liens attached to the property. The entire estate residue is to be divided between my designated beneficiaries with the beneficiaries receiving a share of the entire estate residue. Beneficiaries of my estate residue will receive and share all of my property and assets not specifically bequeathed or otherwise required for the payment of any debts owed, including but not limited to, expenses associated with the probate of this Will, the payment of taxes, funeral expenses or any other expense resulting from the administration of this Will. To receive any gift or property under this Will a beneficiary must survive me for thirty (30) days.The above authority and powers granted to my Executor are in addition to any powers and elective rights conferred by statute or common law or by other provision of this Will and may be exercised as often as required, and without application to or approval by any court.

Except as otherwise provided, to act as my Trustee by holding in trust the share of any beneficiary under the age of twenty (20), and to keep such share invested, pay the income or capital or as much of either or both as my Executor considers advisable for the maintenance, education, advancement or benefit of such beneficiary and to pay or transfer the capital of such share or the amount remaining to such beneficiary when he or she reaches the age of twenty (20) or, prior to such beneficiary reaching the age of twenty (20), to pay or transfer such share to any parent or guardian of such beneficiary subject to like conditions and the receipt of any such parent or guardian discharges my Executor.
