Tennessee Last Will and Testament
Tennessee Last Will and Testament
I. Declaration
A. Revocation of Prior Wills
I, [YOUR NAME], residing at [YOUR COMPANY ADDRESS], hereby declare this document to be my last will, effectively revoking all prior wills and codicils.
B. Confirmation of Intent
I affirm that the provisions outlined in this Will accurately reflect my wishes and intentions regarding the distribution of my estate and the care of my dependents.
II. Appointment of Executor
A. Primary Executor
I hereby appoint [EXECUTOR'S NAME] as the executor of my estate, entrusting them with the responsibility of executing the provisions of this Will.
B. Alternate Executor
In the event that [EXECUTOR'S NAME] is unable or unwilling to fulfill the duties of executor, I designate [ALTERNATE EXECUTOR'S NAME] to act as the alternate executor, ensuring the orderly administration of my estate.
III. Distribution of Assets
A. Real Property
I hereby devise my real property, encompassing [DESCRIPTION OF PROPERTY 1] situated at [PROPERTY ADDRESS], to be inherited by [BENEFICIARY NAME 1].
B. Personal Property
Furthermore, I bequeath my personal property, comprising [DESCRIPTION OF PERSONAL PROPERTY 1], to be received by [BENEFICIARY NAME 2].
IV. Residuary Estate
A. Residuary Beneficiary
I hereby allocate the residue of my estate, comprising any remaining assets not previously designated, to [RESIDUARY BENEFICIARY'S NAME]. May this encompassing legacy serve as a testament to our shared journey, ensuring that every aspect of my estate finds purpose and meaning in their capable hands.
V. Guardianship Provision
A. Minor Children
In the event of my demise, while my children are still minors, I nominate [GUARDIAN'S NAME] as their guardian, entrusting them with the care and upbringing of my beloved children.
VI. Trusts
A. Testamentary Trusts
I establish testamentary trusts for the benefit of specific beneficiaries, with [TRUSTEE'S NAME] appointed as the trustee. These trusts are created to safeguard the financial interests and well-being of the designated beneficiaries under my wishes.
VII. Legal and Tax Compliance
A. Legal Requirements
I direct that all legal obligations related to the administration of my estate be meticulously fulfilled in strict accordance with the laws of Tennessee, ensuring compliance and adherence to the legal framework governing estate matters.
B. Tax Obligations
Furthermore, I direct that all tax obligations associated with my estate be diligently addressed following the pertinent federal and state tax laws, thereby ensuring full compliance and adherence to tax regulations.
VIII. Signatures and Witnesses
I affix my signature to this Last Will and Testament in the presence of the witnesses whose signatures are recorded below.
Testator:
Name: [YOUR NAME]
Address: [YOUR ADDRESS]
Witness 1:
Name: [WITNESS NAME 1]
Address: [WITNESS ADDRESS 1]
Witness 2:
Name: [WITNESS NAME 2]
Address: [WITNESS ADDRESS 2]
IX. Notary
State of Tennessee, County of [YOUR COUNTY], ss:
On this [DATE], 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 preceding instrument, and acknowledged that he/she executed the same as his/her free act and deed for the purposes therein contained.
Notary Public: [NOTARY'S NAME]
My Commission Expires: [EXPIRATION DATE]
