WRITING YOUR OWN WILL
The following assignment must be typed. It is due November
20, 1996. NO LATE PAPERS WILL BE ACCEPTED!
ASSIGNMENT: A will is a legal document, it
should be written with the advice and suggestions of an attorney.
However, the will should reflect your desires and interests in
dealing with the disposition of your estate. You are to write your
will based on your present wealth and desires. A will is an evolving
document and as your life develops, your will should be changed to
reflect that new situation. You are asked only to deal with events as
they exist at this moment.
Your will must detail:
- primary beneficiaries--close relatives, friends or
- contingent beneficiaries--those to receive the assets if the
primary beneficiaries are not living or refuse the bequest;
(NOTE: The persons have to be named and details supplied as to
what they are getting. Even if you are going to leave out a
relative from your estate, you should name that individual and
state the reasons for the action.)
- complete funeral arrangements and disposal of your body;
- naming of an executor or executrix.
REASONS FOR WRITING A WILL:
(modified from D. Hardt, Death: The Final Frontier,
1979, p. 180)
- You can arrange to give what to whom you want.
- It can aid in reducing the possibility of "fights," legal or
otherwise, over your property among your relatives and/or friends.
- It may reveal aspects of your financial affairs and desires
that are unknown to others.
- It allows you the opportunity to select a guardian for any
children surviving you.
- It can work towards minimizing costs related to handling your
- You can establish conditions with which your beneficiaries
(relatives, friends or organizations) must comply with your wishes
in order to obtain your bequests.
- You can declare any charities to whom you may wish to donate
money, property or personal belongings.
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