JOINT WILL WITH SPENDTHRIFT CLAUSE

This Joint Will is made on November 4, 2074, by:

1. Jake Willms
Address: Newark, NJ 07101

2. Pearl Bergna

Address: Newark, NJ 07101

PREAMBLE

We, the undersigned, declare this document to be our Joint Will. We revoke all prior wills and codicils made by us, whether jointly or individually.

1. APPOINTMENT OF EXECUTOR

We hereby appoint Orval Grimes as the Executor of our estate. If Orval Grimes is unable or unwilling to serve, we appoint Kitty Johns as alternate Executor.

2. DISPOSITION OF ASSETS

Upon the death of the first of us, the surviving spouse shall inherit all assets, both individually and jointly held, without limitation.

Upon the death of the surviving spouse, our assets shall be distributed as follows:

• To our children: Lance Nader and Jonatan Farrell, in equal shares.

• If any child predeceases us, that child's share shall be divided equally among their surviving children (our grandchildren).

3. SPENDTHRIFT CLAUSE

To protect our beneficiaries from potential financial mismanagement or creditors, we establish the following Spendthrift Clause:

• No beneficiary shall have the right to transfer or encumber their interest in the estate assets, nor shall such interest be subject to the claims of creditors.

• The Executor shall manage the distribution of funds and assets to the beneficiaries, ensuring that distributions are made in a manner that promotes their long-term financial stability.

• Distributions may be made in the form of a trust, which shall include the following provisions:

  • Distribution Schedule: Distributions shall occur at specified intervals (e.g., annually) or upon reaching certain milestones (e.g., age 25, age 30).

  • Trustee Appointment: We appoint Duane Wiza as Trustee to oversee the management of the trust and ensure compliance with this clause.

4. GUARDIANSHIP

In the event that both of us pass away while our children are still minors, we appoint Davion Barton as the guardian of our children. Should Davion Barton be unable or unwilling to serve, we appoint Jarvis White.

5. FINAL PROVISIONS

• This Joint Will shall be governed by the laws of the State of New Jersey.

• Should any provision of this Will be deemed invalid or unenforceable, the remaining provisions shall continue in full force and effect.

6. SIGNATURES

By signing below, we affirm that we have read this Joint Will and understand its contents. We execute this Will voluntarily and without duress.

Jake Willms
Date: November 4, 2074

Pearl Bergna

Date: November 4, 2074

WITNESS ATTESTATION

We, the undersigned witnesses, hereby attest that Jake Willms and Pearl Bergna signed this Joint Will in our presence, and we declare that we are not beneficiaries of this Will.

Alice Brown

Charles Black

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Notes:

• Ensure that all names, addresses, and dates used in the template reflect accurate and relevant information when customizing the will for actual use.

• Consult with a legal professional to ensure compliance with local laws and regulations regarding wills.

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