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ADDITIONAL INFORMATION ABOUT YOUR WILL FORM This section will briefly explain some of the articles of your will and provide other information.
ALL WILLS HAVE BEEN PREPARED FOR YOUR SPECIFIC SITUATION. It is also recommended that you give a copy to your executor or other person as additional proof of execution.
I further direct my Personal Representative to pay all of my just debts that may be probated, registered and allowed against my estate.
However, this provision shall not extend the statute of limitations for the payment of debts, or enlarge upon my legal obligation or any statutory duty of my Personal Representative to pay debts.
Generally, a Will must be signed in the presence of at least two witnesses (three for Vermont) who also sign the Will.
A notary public will also need to sign if the Will contains a self-proving affidavit.
In the event your spouse predeceases you, the guardian you name will have actual custody of your minor children unless a court appoints someone else.
Simply put, you should be aware when you acquire an asset or investment exactly how it is titled.
If one party dies, the surviving party receives the property regardless of what the Will provides. However, if this is not your desire you should change the ownership of the property to tenants in common or other form of ownership.
If you own real estate as tenants in common, then you may designate who will receive your share of the property at your death.
This issue can be a problem when uninformed persons take title to real estate as joint tenants with rights of survivorship but really intended to leave their share to, for example, children of a prior marriage.
(b) Bank Accounts/Certificates of Deposit, Stock, Retirement Plans, IRA's and other type Property: The same ownership as real estate can be made of these investments.LAST WILL AND TESTAMENT OF ___________________________________ BE IT KNOWN THIS DAY THAT, I, _____________________________, of __________________ County, Florida, being of legal age and of sound and disposing mind and memory, and not acting under duress, menace, fraud, or undue influence of any person, do make, declare and publish this to be my Will and hereby revoke any Will or Codicil I may have made.