29 - Draft of Will Deed
29 - Draft of Will Deed
WILL DEED
THIS IS THE LAST WILL AND TESTAMENT of me, __________ ROBERT _______. 1. KNOW ALL MEN BY THESE PRESENT that, I, _______________, born in __________, 17th June 1946, with __________ Passport No:203206396, issued by ______________ in _______ and, Residence of P.O. Box No:_______________, UAE, being of sound and disposing mind and memory, do make, publish, and declare the following : I HEREBY REVOKE all wills and testamentary dispositions of every nature and kind whatsoever executed by me here before. THIS IS THE LAST WILL AND TESTAMENT of me. I declare that, I am married to _______________, on 26th September 1985, to which I have referred to herein as my SPOUSE, and that, I have Two Daughters and one Grand Daughter now living, whose names are as follows: (a) (b) (C) 5. ________ABCD____________ ________PQRS____________ ________WXYZ____________ - FIRST DAUGHTER - SECOND DAUGHTER - GRAND DAUGHTER
2.
3. 4.
I direct that, my EXECUTOR pay all my funeral expenses, all state and federal estate, inheritance and succession Taxes, administration costs and all of my debts subject to statue of limitations, except mortgage notes secured by real estate, as soon as practical. I give, devise and bequeath all of my residue and reminder of my estate, of whatever kind and character, and wherever located, to my SPOUSE, provided that my Spouse survive me, absolutely and forever. If my spouse does not survive me, then I give, devise and bequeath all of my residue and reminder of my estate, of whatever kind and character, and wherever located, to ________WXYZ_________( GRAND DAUGHTER ), absolutely and forever. If and in case of death my SPOUSE and GRAND DAUGHTER, then I give, devise and bequeath all of my residue and reminder of my estate, of whatever kind and
6.
7.
8.
character, and wherever located, to ________ABCD____________ ( FIRST DAUGHTER ), absolutely and forever. 9. If and in case of death my SPOUSE, GRAND DAUGHTER, ________ABCD____________ ( FIRST DAUGHTER ), then, I give, devise and bequeath all of my residue and reminder of my estate, of whatever kind and character, and wherever located, to ________PQRS___________ ( SECOND DAUGHTER ), absolutely and forever. Contd..P.2. :: 2 :: 10. That, I hereby appoint : (a) My Spouse as personal representative of my will, to act, or to continue to act, as Executor of my Will; (b) If my Spouse unable or unwilling to act, or to continue to act, as Executor, I then appoint, ________ABCD____________(FIRST DAUGHTER), as personal representative and Executor of my will; If ________ABCD____________ unable or unwilling to act, or to continue to act, as Executor, I then appoint, ________PQRS____________ as personal representative and Executor of my will;
(c)
11.
That, my executor shall have the following additional powers with respect to my estate, to be exercised from time to time at my executors discretion without further license or order of any court: To Sell or otherwise liquidate, or to continue to operate my executors discretion, any corporation, partnership or other business interest received by my estate; To retain any and all property and securities of my estate in the name of my executor as executor or in my executors own name; To retain all property and securities of my estate for as long as my executor deems advisable; To invest, lease, rent, mortgage, insure, repair, improve or sell any and all real and personal property belong to my estate as my executor deem advisable; To enforce any and all mortgage, pledge and deeds of trust held by my estate and to purchase at any sale hereunder any such real or personal subject to any mortgage, pledge or deed of trust;
(a)
(b)
(c) (d)
(e)
(f) (g)
To initiate or defend, any executors discretion, any litigation affecting my estate; To employee and to pay from my estate reasonable compensation to such attorneys, accountants, brokers, and investment, tax and other advisors as my executors shall deem advisable. To submit to arbitration, to compromise or to release or otherwise adjust, with or without compensation, any and all claims affecting the trust estate. That, in the event, any of my property, or all of it, at the time of my death is community property under the laws of any jurisdiction, then my will shall be construed as referring only to community property interest therein. Contd..P.3.
(h)
12.
:: 3 :: 13. That, if any portion of my will shall be held illegal, invalid or otherwise in-operative, it is my intention, all of the other provisions hereof shall continue to be fully effective and operative in-so-far as is possible and reasonable.
Signature TESTATOR:
of
the
__________ __________
ROBERT
SIGNED, SEALED, AND DECLARED, to be the Last Will and Testament by: ROBERT, in the presence of all of us,
who, in the presence and at the request, and in the presence
WITNESSE :
Name : Address :
Signature:
WITNESSE :
Name : Address :
Signature: