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You can also use a will to name legal guardians for minor children. For more guidance on the intricacies of wills and estate planning, consider enlisting the services of an expert financial advisor.
You can name beneficiaries for individual items or distribute your entire estate according to percentages. ... Sign with witnesses: Once the will is drafted, sign it in the presence of your ...
The testator must sign and date the will, usually in the presence of at least two disinterested witnesses (persons who are not beneficiaries). There may be extra witnesses, these are called "supernumerary" witnesses, if there is a question as to an interested-party conflict.
A beneficiary or his/her spouse cannot be a witness to the will. No beneficiary or his/her spouse will be entitled to receive any devise, legacy, estate, interest, gift or appointment if the beneficiary or his/her spouse is the attesting witness to the will.
A power of appointment is a term most frequently used in the law of wills to describe the ability of the testator (the person writing the will) to select a person who will be given the authority to dispose of certain property under the will.
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