Question: 3 . Preparing a will - Common features of a will A will is a written, legally enforceable expression or declaration of a person s
Preparing a will Common features of a will
A will is a written, legally enforceable expression or declaration of a persons wishes concerning the disposition of his or her property upon death.
A situation in which a person dies without having prepared a valid will is called State laws draw the will the decedent failed to make in order to determine the disposition of the probate property of those who have died without a will. Generally, under these circumstances, the decedents spouse is favored first, followed by the children, and then other offspring grandchildren or greatgrandchildren If the spouse, children, or other offspring survive, they will divide the estate and other relatives will receive
Suppose that Susan Becky Fogarty has prepared the following will:
The Last Will and Testament of Susan Becky Fogarty
Section Introductory Clause
I, Susan Becky Fogarty, of the city of Cincinnati, Ohio, do hereby make my last will and revoke all wills and codicils made prior to this will.
Section Direction of Payments
Article : Payment of Debts and Expenses
I direct payment out of my estate of all just debts and the expenses of my last illness and funeral.
Section Disposition of Property
Article : Disposition of Property
I give and bequeath to my husband, Raphael Alex Fogarty, all my jewelry, automobiles, books, and photography equipment, as well as all other articles of personal and household use.
I give to the Cincinnati Historical Society the sum of $
All the rest, residue, and remainder of my estate, real and personal, wherever located, I give in equal onehalf shares to my children, Roxanne Scarlet and Wolfgang Alexander, their heirs, and assigns forever.
Section Appointment Clause
Article : Nomination of Executor and Guardian
I hereby nominate as the Executor of this Will my beloved husband, Raphael Alex Fogarty, but if he is unable or unwilling to serve, then I nominate my sisterinlaw, Gabrielle Elizabeth Fogarty. In the event that both persons named predecease me or shall cease or fail to act, then I nominate in the place of said persons, the Cincinnati Trust Bank of Cincinnati, Ohio.
If my husband does not survive me I appoint my brother, Charles David Alden, Guardian of the person and property of my son, Wolfgang Alexander, during his minority.
Section Tax Clause
Article : Payment of Taxes
I direct that there shall be paid out of my residuary estate from that portion that does not qualify for the marital deduction all estate, inheritance, and similar taxes imposed by a government in respect to property includable in my estate for tax purposes, whether the property passes under this will or otherwise.
Section Simultaneous Death Clause
Article : Simultaneous Death
If my husband and I shall die under such circumstances that there is not sufficient evidence to determine the order of our deaths, then it shall be presumed that he survived me My estate shall be administered and distributed in all respects in accordance with such assumption.
Section Execution and Attestation Clause
In witness thereof, I have affixed my signature to this, my last will and testament, which consists of five pages, each of which I have initialed, this th day of July,
Signature: Susan Becky Fogarty
Section Witness Clause
Signed, sealed, and published by Susan Becky Fogarty, the testator, in the presence of us who, at her request, and in the presence of each other, all being present at the same time, have written our names as witnesses.
Note: Normally the witness signatures and addresses would follow this clause.
The testator of this will is
Susan Becky Fogartys first choice as executor of her estate is This is specified in section article of the will.
In the event that her husband does not survive her, Susan Becky Fogarty has appointed as guardian of her son while he remains a minor. This is specified in section article of the will.
Upon her death, Susan Becky Fogarty has planned a charitable contribution of
$
to the Cincinnati Historical Society. This is specified in section article of the will.
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