Free Last Will and Testament Template: Secure Your Final Wishes
Stevie
This legal document serves as a Last Will and Testament for an individual. It specifies the handling of the testator's debts, taxes, and funeral expenses, and appoints a personal representative (and a secondary representative if needed) to execute the terms of the will. The document details the distribution of the testator’s real or personal property among named beneficiaries and outlines conditions under which a beneficiary’s share may be revoked if they contest the will. It prohibits transferring beneficiaries’ interests to assignees or successors. The will operates under the laws of a specified jurisdiction, with provisions for handling disputes and allowing the personal representative discretion in managing the estate, including sales, leases, and claim settlements. The document establishes the personal representative’s decisions as binding unless there is gross negligence, and must be executed in the presence of witnesses.