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WILL Format

1. Colonel IM Smart, a retired veteran, drafted a will to distribute his assets after his death in an amicable manner to avoid disputes between his wife and children. 2. He declares that he has two children from his marriage to his wife Smt XXX and owns a flat in Noida and financial assets including mutual funds and gold. 3. The will stipulates that his wife will inherit all his movable and immovable properties and if she predeceases him, his assets will be distributed equally among his two children.
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0% found this document useful (0 votes)
690 views3 pages

WILL Format

1. Colonel IM Smart, a retired veteran, drafted a will to distribute his assets after his death in an amicable manner to avoid disputes between his wife and children. 2. He declares that he has two children from his marriage to his wife Smt XXX and owns a flat in Noida and financial assets including mutual funds and gold. 3. The will stipulates that his wife will inherit all his movable and immovable properties and if she predeceases him, his assets will be distributed equally among his two children.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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"WILL" 

OF -  Colonel IM SMART (Veteran) 

I , Brig IM SMART  (Retired) , Son of Late Shri xxxx VV VV , R/O House No ...


, Area , Sector-xx, LUCKNOW  (UP)—212303, hereby proceed to make my this
WILL which hopefully would be my last WILL. I, hereby revoke this day all
previous wills or any other testamentary dispositions which may have been
made by me directly or indirectly and hereby declare them Null and Void.

2. Now that I am 65 years of age , I wish to make arrangements for amicable


disposal of my properties and other movable assets after my death so that no
misunderstanding or dispute arises between my wife and children and the
mutual love and affection among them continues for ever.

3. I am making this WILL without being under any kind of pressure or


influence on me, I am fully in my senses and all my faculties are in
order, I am also not under any drugs. I am in absolute sound state of
mind, in Good Health  and make this WILL purely with my own
independent decision and discretion without any sort of influence. I also
declare that :-

(a) I have married only once and the name of my spouse is Smt XXX XXXXX
D/O Shri xxxx xxxx on (date…) in the month of 196x in accordance with Hindu
Rights and Customs. I have no illegal wife or have ever indulged into any “Stay
or live  in” type relation with any other woman at any times.

(b) We have Two children from our wedlock .

(i). My elder child is a Son named  Mr xxxx xxxx  who is married to Ms. xxx
xxxx,. He  was born on the xxth Jxxx 2xxx …. At ……. State .

(ii). The Second child is also our second son named Mr   Xxcccc xxx, he is not
yet married. He was borne on the xxrd of Month  1967 at ………. (Place)

4.  I, further declare that other than the TWO children mentioned above I
have absolutely  NO adopted, legal, illegal or any other type of children of my
own.

5.  During the course of my service with Indian Army as an Army Officer and
while working with corporate offices after my retirement, I have earned my
salaries and pension and by way of my savings and investments, I have
acquired movable and immovable properties as BROADLY MENTIONED below:-

(a) Immovable Property---Flat in Sector xx, Noida ( Address –xx xxx –


Sector-60/ Noida (UP)-201303)

(b) Movable Property ---This includes Fixed Deposits, Shares , Mutual Funds


and bank balance in my Saving bank Accounts of various Banks. These are
available in my Diary as well as in My File  marked “ My Financial Assets” duly
authenticated by me with signatures. In addition in terms of gold ornaments I
have approx “….. “ gms of gold which is in possession of my wife kept by her in
her locker in her Bank.
6.  I have NOT INHERITED any assets of any kind from my father or father in
law. I also have no debts as I have not borrowed or taken any loan from any
individual or organization. I have also not given any loan to any one and no one
owes me any money or obligations. I am thus the sole and indisputable owner of
my above Movable and Immovable Assets

7. I further WILL that by way of this will my assets as above be disposed


off after my death as under:-

(a) . I bequeath to my wife Smt xxx xxx (D/O Shri cccc xxx ) who is residing
with me , all my properties movable and immovable with full right and power of
disposal as an absolute and indisputable owner.

(b) In case my wife predeceases me or we both die together , then my


property and other movable assets be disposed off equally among my two
children.

I expect my loving children to mutually decide the exact distribution of


household items and my other movable assets based on this WILL after death
together of myself and my wife.

8. However in case they cannot amicably decide the distribution of my assets as


outlined above, I hereby appoint my trusted friend Brig . xxx xxxx (retired)
S/O……….. and R/O House No ….. Address NOIDA. as the executor of this will,
who will have final say in the matter of distribution. (NOTE - The beneficiary of
the will (Spouse in almost most cases) can also be appointed as executor of the
will)

9.  This WILL will come into affect immediately upon my death.
I0, Brig IM SMART (Retired) hereby sign this WILL on the ….       day of 2009 in
the presence of two witnesses who are very well known to me as also they too
know me adequately .

11. None of the beneficiary is present while I sign this will.

   -- signed --

(Colonel IM SMART)
Testator

12.  Signed by the above named Testator Colonel IM SMART in our presence, at
the same time and each of us has, in the presence of testator, signed our name
here under as attesting witnesses.

Witness No 1                                                              WITNESS NO.2 

-------------------------------------                                 
-------------------------------------
(Name of Witness)                                                      (Name of Witness)
Address of the Witness                                                Address of the Witness   
Date  ....                                                                        Date  ....

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