Free Mississippi Will Template
Mississippi Will
I. Declaration
I, [YOUR NAME], a resident of the State of Mississippi, to ensure the orderly distribution of assets and the appointment of guardianship, executors, and beneficiaries in accordance with Mississippi state laws.
II. Appointment of Executor
A. Executor Nomination
I hereby nominate and appoint [EXECUTOR'S NAME] of [EXECUTOR'S ADDRESS] as the Executor of my will. If this Executor is unable or unwilling to serve, I hereby appoint [ALTERNATE EXECUTOR'S NAME] of [ALTERNATE EXECUTOR'S ADDRESS] as the alternate Executor of my will.
B. Powers and Duties
The executor shall have the following powers and duties:
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Management of Estate: Manage, sell, or dispose of my assets as necessary to settle my estate.
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Payment of Debts: Pay all debts, funeral expenses, and administration expenses from my estate.
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Distribution of Assets: Distribute the remaining assets of my estate as directed in this Will.
III. Appointment of Guardian
If I have any minor or dependent children at the time of my death, I nominate [GUARDIAN NAME] as the guardian. If [GUARDIAN NAME] is unable or unwilling to serve, I nominate [ALTERNATE GUARDIAN NAME] as the alternate guardian.
IV. Disposition of Property
My estate, both real and personal property, shall be distributed as follows:
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Beneficiary Name: [BENEFICIARY NAME #1]
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Relationship: [RELATIONSHIP TO BENEFICIARY #1]
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Address: [ADDRESS OF BENEFICIARY #1]
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Percentage of Estate: 60%
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Beneficiary Name: [BENEFICIARY NAME #2]
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Relationship: [RELATIONSHIP TO BENEFICIARY #1]
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Address: [ADDRESS OF BENEFICIARY #2]
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Percentage of Estate: 40%
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V. Special Bequests
I give, devise, and bequeath the following specific items to the designated beneficiaries:
Item |
Beneficiary’s Name |
---|---|
Art Collection |
[BENEFICIARY NAME #1] |
Vintage Jewelry |
[BENEFICIARY NAME #2] |
VI. Residuary Estate
I give, devise, and bequeath all the rest, residue, and remainder of my estate, both real and personal, to [Residuary Beneficiary Name], if living. If [Residuary Beneficiary Name] predeceases me or is unable to receive the bequest for any reason, then I bequeath the residuary estate to [Alternate Residuary Beneficiary Name].
VII. Debts and Expenses
I hereby instruct and order that all individuals appointed as my Executors shall utilize the funds available in my estate for the purpose of covering all expenses pertaining to my funeral, and all costs associated with the administration process, as well as settling all debts that are legitimate and valid.
VIII. Oath of Executor
I hereby give the instruction that no financial guarantee, collateral, or form of security whatsoever shall be demanded or necessitated from any individual who has been designated as the executor in accordance with the provisions outlined in this will.
IX. Signatures
This will shall be executed on the 20th day of January 2050, in the presence of two witnesses, who will also provide their signatures in affirmation of witnessing our sound execution of this will.
Testator
[YOUR NAME]
[DATE SIGNED]
Witness 1
[WITNESS 1 NAME]
[DATE SIGNED]
Witness 2
[WITNESS 2 NAME]
[DATE SIGNED]
X. Notary
State of Mississippi, County of [YOUR COUNTY], ss:
On this 20th day of January 2050, 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 foregoing instrument, and acknowledged that he/she executed the same as his/her free act and deed.
Notary Public: [NOTARY'S NAME]
My Commission Expires: [EXPIRATION DATE]