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action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/yese75pu/public_html/wp-includes/functions.php on line 6114DISCLAIMER<\/em><\/strong>: The following is legal <\/em>information<\/em><\/strong> and<\/em> NOT legal advice<\/em><\/strong>. Nothing in the article below should be construed to create an attorney-client relationship, and I strongly recommend that you see an attorney to at least have him or her look over your estate documents. Give us a call at (407) 706-3967 if we can help.<\/em><\/p>\n\n\n\n Some people prefer to create their own basic will at home rather than do it through an attorney. I (obviously) recommend against this, because you may include language or perform some act that inadvertently undermines your intent or even invalidates your will altogether. But if you\u2019re determined to go the self-made route, I put together the following basic elements of a will that should be included (with commentary on why you need them). The following anticipates a Florida resident; will requirements vary from state to state. Most states\u2019 requirements will at least be similar to those below, however.<\/p>\n\n\n\n Please note that Florida has very strict requirements regarding the formalities of execution<\/em>, in addition to the substantive elements that you probably want to include. The person making the will (the \u201ctestator\u201d or \u201ctestatrix\u201d) must sign it at the end<\/strong>; it must be witnessed by two<\/strong> people under oath; the witnesses must sign in the presence of the testator and of each other, and the testator must sign in the presence of the two witnesses; and it must be notarized.<\/p>\n\n\n\n Although Florida law doesn\u2019t prohibit beneficiaries of the will from being the witnesses, I strongly discourage it. This gives people grounds to try to question the validity of your will after your death (e.g. by arguing that the witnesses, as beneficiaries, exerted undue pressure on you to sign).<\/p>\n\n\n\n I also strongly recommend that the testator initial each page and include the page number (\u201c1 of 4,\u201d \u201c2 of 4,\u201d etc.) near each initial. This prevents fraud after your death. You\u2019d be surprised what people try to do, like slip an extra page into the will\u2026<\/p>\n\n\n\n With that preamble out of the way, let\u2019s get started.<\/p>\n\n\n\n THE BASICS of a BASIC WILL \u2013 Outline<\/em><\/strong><\/p>\n\n\n\n THE ELEMENTS EXPLAINED<\/em><\/strong><\/p>\n\n\n\n Example: \u201cI declare this document to be my Last Will and Testament, and I revoke all of my former Wills and Codicils.\u201d<\/p>\n\n\n\n Sample: \u201cI declare that I am a citizen of the United States of America and a resident of the State of Florida. My county of legal residence is Collier. If I am a domicile of Florida at the time of my death, I direct that the original administration of my estate shall be conducted in the county in which I was domiciled at the time of my death.\u201d<\/p>\n\n\n\n Example: \u201cI nominate Beatrice Potter as personal representative of my estate. If my designated personal representative fails to qualify or cannot or does not wish to serve, I nominate Juniper Berry as my alternative personal representative. I direct that my personal representative not be required to post bond for the faithful performance of his or her duties under this will and under the laws of the State of Florida, or in any other jurisdiction in which my fiduciaries may qualify.\u201d**<\/p>\n\n\n\n **You can also state here whether you wish for your personal representative, if he or she is a beneficiary, to receive compensation from the estate as though this person weren\u2019t a beneficiary. Florida law allows a PR to receive 3% of the estate value as compensation for her time and work. If the PR is already receiving a substantial portion of your estate, you may wish that she not receive additional compensation.<\/p>\n\n\n\n Example: \u201cI grant to my personal representative the power to sell, assign, transfer, mortgage, acquire, or grant options to purchase and convey any security or property of my estate, real or personal, at public or private sale, and at a time and a price and upon terms and conditions, including on credit, as my personal representative may determine and see fit. I authorize my personal representative to open and maintain an account to purchase and sell securities, in cash or on margin, and to hold those securities in the name of a nominee. If there is no corporate personal representative serving, I grant the personal representative the authority to retain a professional investment advisor to whom the personal representative may delegate fiduciary determinations and responsibility as provided in Florida Statutes Section 518.112, and that investment advisor\u2019s fees shall be paid as an expense of the estate regardless of whether investment functions were delegated to him or her.\u201d<\/p>\n\n\n\n Example: \u201cThe following people are named in this Will:<\/p>\n\n\n\n \u201cMy spouse, Philip Collins, who currently resides at 100 Stowmarket Dr., Goose Creek, FL 32312.<\/p>\n\n\n\n \u201cMy nephew, Lionel Richie, who currently resides at 8675309 Lane St., Funkytown, FL 32801\u2026.\u201d<\/p>\n\n\n\n ETC.<\/p>\n\n\n\n Example: \u201cI may prepare a list from time to time, separate from this will, in order to dispose of my tangible personal property. If such a list is prepared, it will be signed and dated. It will clearly describe each item of property in order that it may be identified and shall identify the person whom I desire to receive the property. If no list is found within 30 days of the issuance of Letters of Administration, it shall be conclusively presumed that no such list was created or exists. The list takes precedence over contrary dispositions set forth in this Will. Each item devised on the list shall be considered a devise under this Will. The list shall be offered for probate in the same manner as this Will and shall be construed in accordance with the rules of construction applicable to Will devises.\u201d<\/p>\n\n\n\n Example: \u201cI hereby give $5000 from my Bank of America account to Uncle Jimmy Schmidt and $2000 from the same account to my niece Jessica Tandy. I give all of my life insurance proceeds that do not state a named beneficiary to my dog sitter, Dandelion Jones.\u201d***<\/p>\n\n\n\n ***I use these examples just to give you a feel for what is possible, but there are infinite ways of giving things to people in a will. I also want to make clear that will devises can be bizarre; perhaps you have children, but you still want to give your life insurance to your dog sitter. That is okay as far as Florida courts are concerned, and they won\u2019t invalidate your will (or specific provisions thereof) just because your distribution scheme is strange or unexpected. Wills are only invalidated for a narrow set of reasons, including (but not limited to) mental incapacity at the time of will formation, undue influence from a third party, improper formation or incomplete finalization of the will document, and duress imposed by a third party.<\/p>\n\n\n\n\n
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