Will provision for a Trust

WILL  Makes provision for a Trust

 Summary A Will is a document that directs your family on what to do with all your material possessions when you die. This Will template may be used by someone needing to review or draw up their will, where their affairs are not overly complex. This template directs the formation of a trust should any of the heirs be minors, and where applicable, makes provision for guardianship.

What does the Will say? The Will consists of: Revocation; Appointment of Executor; Power to Appoint; Bequests; Heirs; Trust; Exclusion from Community and Accrual; No Collation; Remains; Interpretation.

Don’t need provision for a testamentary trust? Then have a look at our basic Will template.

What does the template look like? This template Will format can be printed onto three pages.

What do you need to do to use the template?

• Read this template last will and testament document to ensure that it suits your requirements. Make changes to suit your unique needs, as required.
• Complete the relevant details. It is of critical importance that you ensure that all details have been completed before signing the Will.
• Where you want to leave specific, identifiable assets to certain people, list these as bequests in clause 4. Where you want to leave the rest of your estate generally to certain people, list these people as your heirs in clause 5.
• Ensure that you sign the Will in the presence of two witnesses, with all of you signing each page. (Note: your witnesses must be over 16 years old, competent to sign, and must not be named in your Will, or married to someone named in your Will).

Also known as a Last Will and Testament.

Also viewed: General Power of Attorney

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