Joint and Mutual Will
I. DECLARATIONS
We, [Your Name] and [Spouse Name], residing at [Your Address], being of sound mind and legal age, do hereby make, publish, and declare this as our joint and mutual Will, hereby revoking all other Wills and Codicils previously made by us jointly or individually.
II. FAMILY DETAILS
We declare that we are married to each other and may have the following children:
[Child's Name], born on [Date of Birth]
[Child's Name], born on [Date of Birth]
III. APPOINTMENT OF EXECUTOR
We appoint [Executor Name], residing at [Executor Address], as the Executor of our Will. Should [Executor Name] be unable or unwilling to serve, we appoint [Alternate Executor Name], residing at [Alternate Executor Address], as the alternate Executor.
IV. GUARDIANSHIP OF MINOR CHILDREN
In the event that minor children survive both Parties, the Parties hereby nominate [Guardian Name] of [Guardian Address] as the Guardian(s) of their minor children. If the nominated Guardian(s) are unable or unwilling to act, the Court shall appoint a suitable Guardian(s) for the minor children.
V. DISTRIBUTION OF ASSETS
A. Joint Assets
Real Property: The Parties jointly own the following real property:
Address: [Address of Real Property]
Description: Family residence
Distribution: Upon the death of the last surviving Party, the real property shall be distributed equally to our children or their descendants, per stirpes.
Bank Accounts: The Parties jointly hold the following bank accounts:
Bank: Anytown Bank
Account Number: 123456789
Distribution: Upon the death of the last surviving Party, the real property shall be distributed equally to our children or their descendants, per stirpes.
B. Individual Assets
[Your Name]'s Assets:
Savings account with Anytown Bank
An investment portfolio with XYZ Investments
Family heirlooms and jewelry
[Spouse Name]'s Assets:
VI. OTHER PROVISIONS
We hereby decree that after our passing, all of our outstanding debts, costs related to the funeral proceedings, and expenses from our final medical care should be covered promptly. The necessary funds should be drawn from the available assets within our estate.
VII. SIGNATURES
This Will shall be effective upon the signatures of both Testators, witnessed by two non-beneficiary witnesses who will verify both the Testators' capabilities to enter into this agreement freely and competently.
Testator
Name: [Your Name]
Address: [Your Address]
Spouse
Name: [Your Name]
Address: [Your Address]
Witness 1
Name: [Witness 1 Name]
Address: [Witness 1 Address]
Witness 2
Name: [Witness 2 Name]
Address: [Witness 2 Address]
VIII. Notary
On this 20th day of January 2050, before me, [Notary's Name], a notary public in and for the said state, personally appeared [Your Name], known to me to be the person described in and who executed the foregoing instrument, and acknowledged that he/she executed the same as his/her free act and deed.
Notary Public: [Notary's Name]
My Commission Expires: [Expiration Date]
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