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L4 Will

will deeds

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0% found this document useful (0 votes)
29 views4 pages

L4 Will

will deeds

Uploaded by

rambo rambo
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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LAST WILL AND TESTAMENT

I, [∙], aged [∙] years, Hindu, Indian Inhabitant, residing at [∙], do hereby of my own free
will and accord, in sound state of body and mind and in possession of my full senses,
voluntarily without any force, duress, inducement or fraud and according to my intention
and desire, do make and execute this, my Will, revoking all my former wills, codicils
and any other documents of a testamentary nature, hereto before made by me and
declare this to be my last Will and Testament and state that this Will shall come into
force immediately on the date of my death.

1. I hereby appoint (i) [∙]; and (ii) [∙], jointly and severally to be the Executors of my
Will, who shall on my death collect in and receive all my estate and effects and
administer the same as per the provisions of this Will.

2. In the event, any of my Executors predeceases me then the surviving


Executor/s shall continue to be the Executor of my Will.

3. I direct the Executors to pay off all my personal debts, if any, and to pay all
necessary, and essential expenses incurred or to be incurred on my death and
expenses for the customary ceremonial performances and pay all testamentary
expenses out of my assets and then distribute all my assets / properties
movable and immovable as stated below.

4. I further direct the Executors to call in and if necessary to take the appropriate
steps to collect all amounts that may be payable to me at the time of my death.

5. I further direct my Executors to take control and charge, after my death, of all
my assets of whatsoever nature and kind and wherever situated and belonging
to me and to dispose of the same in the manner set out herein.

6. I say that my family / legal heirs as per law of succession applicable to me at


the time of making this Will comprise of the following:

a. [∙]

<<<Note: Kindly also give details if the son/daughter is married and have any
issues from the marriage.

7. I am possessed of and absolutely entitled to the immovable assets and movable


assets specifically bequeathed by me herein. Any mistake in the description or
any omission there from will not affect the dispositions hereby made and this
Will shall apply to all my assets of whatsoever nature and wherever situated
and whether standing in my name alone and jointly with anybody else,
whosoever’s name is first mentioned.

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8. I say that I am the sole and absolute owner of and well and sufficiently entitled
to the [∙], having purchased/acquired the same out of my self-acquired funds
absolutely. <<<Note: Kindly give details of the immovable properties held
by the testator. I state that I have the sole and absolute right, title and/or
interest in the said Property and I am fully entitled to deal with the same.

9. I hereby give, demise, and bequeath all my right, title and/or interest in the [∙] to
my [∙] absolutely. In the unfortunate event, my [∙] predeceases me then the
bequest made hereto shall go to my [∙] absolutely.

10. I say that I am entitled to various movable assets such as bank deposits, fixed
deposits, senior citizen scheme account, debentures, loans and advances,
investments, bonds, mutual fund, public provident fund, LIC Policies, jewellery,
and/or any other movables that may be belonging to me, hereinafter collectively
referred to as “the said Movables”. I declare that all bank accounts, bonds,
deposits, debentures, investments and mutual funds and/or other movables
which shall stand on the date of my death in the names of [∙], one or more other
person or persons, my name standing first in respect thereof, have been so kept
in joint names for the sake of convenience only, and the same shall accordingly
form part of my estate and devolve under the provisions of this Will.

11. I hereby give, devise and bequeath the following sums of money to be paid out
of my bank accounts (forming part of the said Movables) to my [∙], for their
respective absolute uses, benefits and purposes

In the event, my bank accounts are not sufficient to cover the aforesaid
bequests, I authorise and direct my Executors to realise the amounts required
for the aforesaid bequests out of the remaining Movables in such manner as
my Executors may deem fit, and to accordingly make the aforesaid bequests to
my grandsons.

12. I say that any and all other assets (immovable or movable) which have not been
specifically mentioned by me herein and/or which may hereinafter be acquired
by me and/or which may be coming to my share and/or which may be inherited
by me and not specifically dealt with herein shall form part of my residuary
estate. I hereby give, devise and bequeath all my movable and immovable
assets, presently standing in my name and/or jointly with my wife and/or any
other person and/or acquired by me at any time hereafter which shall form part
of my residuary estate, solely to my [∙]. I hereby further declare that in the
unfortunate event my [∙] predeceases me, then on my death all my movable and
immovable assets and residuary estate that are to be bequeathed to him as
stated herein, shall stand bequeathed to my [∙] absolutely.

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13. I say that I have made my Last Will and Testament in my full consciousness
with sound and disposing mind, memory and understanding, free will and
pleasure and without any coercion, influence, compulsion or force or fraud and
according to my intention and desire.

IN WITNESS WHEREOF I have hereunto set and subscribed my hand at [∙] this ____
day of [∙], 20[∙].

SIGNED ACKNOWLEDGED AND DECLARED )


by the above named Testator )
[∙] )
as his last Will and Testament in respect of )
his immovable and movable assets in the joint )
presence of himself and us both, being present )
at the time, each of whom, have in the presence )
of Testator and at his request and in the presence )
of each other hereunto subscribed our respective )
names as attesting witnesses. )

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******************************************************
DATED THIS DAY OF [∙], 20[∙]
******************************************************

LAST WILL AND TESTAMENT


OF
[∙]

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