Free Deed of Family Arrangement

I. Parties

This Deed of Family Arrangement ("Deed") is made on [Date], between:

Party 1

• Name: [Party 1's Name]

• Address: [Residential Address]

• Relationship: Father

Party 2

• Name: [Your Name]

• Address: [Your Address]

• Relationship: Daughter

II. Background

The parties herein acknowledge the following:

• Description of family relationship: [Party 1's Name] is the father of [Your Name].

• Overview of assets, properties, or inheritances involved: Includes family home, investments, and personal belongings.

• Reason for entering into this Deed: To ensure fair distribution of assets and clarify responsibilities.

III. Agreement

The parties hereby agree to the following terms and conditions:

1. Asset Allocation:

• Specify assets to be allocated: Family home, investment portfolio, and personal belongings.

• Method of allocation: Equal distribution among children.

• Timeframe for allocation: Within 6 months of the Deed's execution.

2. Administration of Estate:

• Responsibilities of each party: [Party 1's Name] to oversee distribution, and [Your Name] to assist in inventorying assets.

• Appointment of executor/administrator, if applicable: [Party 1's Name] appointed as executor.

• Procedure for decision-making: Unanimous agreement is required for major decisions.

3. Dispute Resolution:

• Procedure for resolving disputes: Mediation by a neutral third party.

• Mediation or arbitration process: If mediation fails, arbitration by a professional mediator.

4. Inheritance Rights:

• Confirmation of inheritance rights: [Your Name] confirms her entitlement to her share of the estate.

• Details of any modifications to existing wills or inheritance arrangements: None.

IV. Representations and Warranties

The parties represent and warrant that:

• [Party 1's Name] has the legal authority to transfer assets.

• [Your Name] has the legal capacity to receive assets.

V. Governing Law

This Deed shall be governed by and construed by the laws of [Jurisdiction].

VI. Execution

IN WITNESS WHEREOF, the parties hereto have executed this Deed on the day and year first above written.

Executed by:

[Party 1's Name]

[Date Signed]

[Your Name]

[Date Signed]

Witness Acknowledgment

I, [Witness' Name], hereby acknowledge that I have witnessed the execution of this Deed by [Party 1's Name] and [Your Name]. I confirm that they have signed this Deed in my presence and that I am not a party to this Deed.

[Witness' Name]

[Date Signed]

Notary Acknowledgment

State of [State], County of [County]

On this [Date], before me, a Notary Public, personally appeared [Party 1's Name] and [Your Name], known to me (or proved to me based on satisfactory evidence) to be the persons whose names are subscribed to the foregoing instrument, and acknowledged to me that they executed the same for the purposes therein contained.

Witness my hand and official seal.

[Notary Public's Name]

Notary Public

My Commission Expires: [Commission Expiry Date]

[Notary Seal (if applicable)]

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