Texas Last Will and Testament
Texas Last Will and Testament
I. Declaration
A. Revocation of Prior Wills
I, [YOUR NAME], residing at [YOUR COMPANY ADDRESS], hereby declare and affirm this document as my Last Will and Testament, thereby nullifying and revoking all prior wills and codicils previously executed by me.
II. Appointment of Executor
A. Primary Executor
I hereby designate [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 appoint [ALTERNATE EXECUTOR'S NAME] as the alternate executor, ensuring the orderly administration of my estate.
III. Distribution of Assets
A. Real Property
I hereby devise my real property, specifically [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 devise the residue of my estate to [RESIDUARY BENEFICIARY'S NAME], ensuring that any remaining assets not otherwise allocated are entrusted to their care.
V. Guardianship Provision
A. Minor Children
In the event of my demise, while my children are still minors, I nominate [GUARDIAN'S NAME] to serve as their guardian, ensuring their well-being and upbringing with love and care.
VI. Trusts
A. Testamentary Trusts
I hereby establish testamentary trusts for the benefit of specific beneficiaries, with [TRUSTEE'S NAME] appointed as the trustee. These trusts are established to safeguard the financial interests and well-being of the designated beneficiaries in accordance with my wishes.
VII. Legal and Tax Compliance
A. Legal Requirements
I direct that all legal obligations on the administration of my estate be diligently fulfilled in strict accordance with the laws of Texas, 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 meticulously addressed following the relevant federal and state tax laws, thereby ensuring full compliance and adherence to tax regulations.
VIII. Signatures and Witnesses
I sign this Last Will and Testament in the presence of the witnesses whose signatures appear 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 Texas, 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]