Written Will
Prepared by: [YOUR NAME]
Prepared on: September 1, 2050
This Last Will and Testament is made by me, [YOUR NAME], residing at 662 Valley Vista Drive, Macon, GA 31201, on this day of September 1, 2050. This document outlines my wishes regarding the settlement of any debts and obligations that may exist at the time of my death, ensuring my estate is handled properly according to my desires. I declare that this is my Will, revoking any prior Wills or codicils.
Section 1: Personal Information
I, [YOUR NAME], born on July 7, 1990, am of sound mind and hereby declare this to be my Last Will and Testament. I am currently residing at 662 Valley Vista Drive, Macon, GA 31201.
Section 2: Appointment of Executor
I appoint Henry Mercer, of 45 Summer Lane, Albany, GA 31707, as the Executor of this Will. Should the appointed Executor be unable or unwilling to serve, I nominate Melissa Hastings to serve as my alternate Executor. The Executor shall be responsible for administering my estate, settling my debts, and ensuring that all my wishes as expressed in this Will are followed.
Section 3: Debt Settlement Instructions
Upon my death, I direct my Executor to first and foremost settle all my outstanding debts, obligations, and taxes using my estate's assets. These debts may include but are not limited to:
Mortgage Debt
Credit Card Debt
Personal Loans
Medical Bills
Tax Liabilities
I instruct that all such debts be paid in full before any distributions of my estate are made to beneficiaries. The Executor should utilize any liquid assets (such as bank accounts and investment accounts) to fulfill these obligations, and if necessary, may sell real property or personal belongings to cover outstanding debts.
Debt Information Table (If Applicable)
If at the time of my death, specific debts are still outstanding, the Executor should reference the following information for settlement. Below is an illustrative list of potential debts:
Creditor Name | Amount Owed | Type of Debt | Due Date | Priority Level |
|---|
Wells Fargo Bank | $150,000 | Mortgage | October 1, 2050 | High |
Chase Bank | $5,000 | Credit Card | November 15, 2050 | Medium |
Mercer Medical Center | $7,500 | Medical | December 1, 2050 | High |
SoFi Personal Loans | $2,000 | Personal Loan | January 10, 2051 | Medium |
SunTrust Bank | $3,000 | Auto Loan | February 25, 2051 | Low |
Georgia Tax Agency | $1,500 | Tax Liability | April 1, 2051 | High |
The table above is an example and should be adjusted to reflect my actual debts at the time of my death.
Section 4: Distribution of Remaining Estate
After all debts and liabilities have been settled, I direct that any remaining assets of my estate be distributed as follows:
Lindsey D. Maddox, residing at 228 Maple Street, Warner Robins, GA 31088, shall receive 50% of my remaining estate.
Jackson R. Holloway, residing at 784 Oak Avenue, Savannah, GA 31401, shall receive 25% of my remaining estate.
Amanda J. Kirkland, residing at 17 Country Club Road, Augusta, GA 30904, shall receive 25% of my remaining estate.
Should any named beneficiary predecease me, their share shall be distributed in accordance with the laws of Georgia or to their legal heirs as designated.
Section 5: Funeral and Burial Instructions
I request that my funeral and burial arrangements be made according to my instructions for cremation, with ashes to be scattered at Tybee Island, GA, and that the expenses for these arrangements be settled from my estate before any distributions are made.
Section 6: No Contest Clause
Any beneficiary who challenges or contests this Will shall forfeit their share of my estate unless the challenge is based on an allegation of forgery or undue influence.
Section 7: Signatures
In witness whereof, I have signed this Last Will and Testament on September 1, 2050, in the presence of the undersigned witnesses.
[YOUR NAME]
Date: September 1, 2050
Witness 1: Sophia Patrick
Date: September 1, 2050
Witness 2: William Andrews
Date: September 1, 2050
This Will was prepared by [YOUR NAME] of [YOUR COMPANY NAME], located at [YOUR COMPANY ADDRESS]. For any inquiries, please contact me via [YOUR EMAIL], or visit [YOUR COMPANY WEBSITE] or [YOUR COMPANY SOCIAL MEDIA] for more information.
[YOUR COMPANY NAME]
[YOUR COMPANY NUMBER]
[YOUR COMPANY ADDRESS]
Website: [YOUR COMPANY WEBSITE]
Social Media: [YOUR COMPANY SOCIAL MEDIA]
This Last Will and Testament reflects my final wishes for debt settlement and estate distribution as of the date specified.
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