Idaho Last Will and Testament
Idaho Last Will and Testament
I. Introduction
This Last Will and Testament ("Will") is made on [Date], by [Your Name], a resident of [City], [State], with the intent to dispose of all assets and properties upon death.
II. Appointment of Executor
I hereby appoint [Executor Name] as the Executor of this Will. If [Executor Name] is unable or unwilling to serve, I appoint [Alternate Executor Name] as the Alternate Executor.
III. Payment of Debts and Expenses
My Executor shall first pay all my debts, funeral expenses, and the expenses of administering my estate. This includes but is not limited to:
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Outstanding loans
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Credit card debts
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Medical bills
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Funeral expenses
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Probate fees
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Taxes owed
IV. Specific Bequests
I give, devise, and bequeath the following specific items:
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Real Property:
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Description: [Description of real property]
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Location: [Address]
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Legal Description: [Legal description]
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Personal Property:
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Description: [Description of personal property]
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Location (if applicable): [Location]
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Monetary Gifts:
V. Residuary Estate
I give, devise, and bequeath all the rest, residue, and remainder of my estate, including any property not otherwise effectively disposed of by this Will, to [Residuary Beneficiary]. This includes:
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Real estate
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Bank accounts
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Investments
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Personal belongings
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Intellectual property rights
VI. Guardianship
If [Minor Children Name] are minors at the time of my death, I appoint [Guardian Name] as their legal guardian. If [Guardian Name] is unable or unwilling to serve, I appoint [Alternate Guardian Name] as the Alternate Guardian. The guardian shall have the authority to make decisions regarding the upbringing, education, and welfare of my minor children.
VII. Trusts
I establish the following trusts:
A. [Trust Name 1]
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Trustee: [Trustee Name]
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Beneficiary: [Beneficiary Name]
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Purpose: [Purpose of the trust]
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Terms: [Terms of the trust]
B. [Trust Name 2]
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Trustee: [Trustee Name]
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Beneficiary: [Beneficiary Name]
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Purpose: [Purpose of the trust]
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Terms: [Terms of the trust]
VIII. Powers of Executor
My Executor shall have the following powers:
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Sell Property: To sell, convey, mortgage, lease, or otherwise deal with any real or personal property.
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Investments: To invest and reinvest funds of my estate in such investments as they deem appropriate.
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Litigation: To compromise or contest any claim against my estate, and to defend or prosecute any legal proceedings.
IX. Miscellaneous Provisions
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Survivorship: If any beneficiary named in this Will does not survive me by 30 days, I consider them to have predeceased me.
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Governing Law: This Will shall be governed by the laws of the State of Idaho.
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Severability: If any provision of this Will is held to be invalid, illegal, or unenforceable, the validity, legality, and enforceability of the remaining provisions shall not in any way be affected or impaired thereby.
X. Revocation of Previous Wills
I hereby revoke all prior wills and codicils made by me.
IN WITNESS WHEREOF, I have signed this Will on the date first above written.
[Your Name]
The foregoing instrument was signed by [Your Name], the Testator, in our presence and acknowledged by him/her to each of us, and his/her signature was at his/her request subscribed by us in his/her presence and the presence of each other.
[Name of Witness 1]
[Date Signed]
[Name of Witness 2]
[Date Signed]