WILLS AND CODICIL - LIVING WILL FORM
Will is the legal declaration of a man's intentions, which he wills to be performed after his death. It is if no force till after the death of the testator or person making it. A will and a testament, strictly speaking, are not words of the same meaning. A will is properly limited to land, and a testament only to personal estate - Tomlins, But this distinction, if it ever existed, is now quite obsolete.
Will is a legal document which clearly represents the manner in which you intend to distribute your property after your death. Many problems might arise if a person dies without a will. As we can never predict as to what may happen tomorrow, so it is always better to have a plan with regard to the manner in which your property and assets are to be distributed after you death .The will must clearly convey your intention with regard to the manner in which your property is to be distributed among your family members or if you have any other plans with regard to distribution of your assets.
Will is actually the directions about the disposal of property, to take effect after death. Wills must be made in writing, except in the rare cases of nuncupative wills and, in some cases, of military wills. The law frequently restricts the form the will must take and often limits the property which may be disposed of by Will. Capacity to make a will is more limited than that of making a contract. Minors, as a rule, may not will at all, although they have a limited power to make contracts, and the rules of invalidity by reason of incompetence, fraud and undue influence, are broader than similar rules applied to contracts. The full expression is last will the testament of which will or testament is a convenient abbreviation.
Our attorneys provide online codicil drafting services. Codicil is an amendment of or addition to will. It should comply with all formal requirements pertaining to the execution of the orginal will.