Alabama Will – Married Person with Minor Children
Price : $19.95
Creating a Last Will & Testament is a key part of financial planning, no matter how young or healthy you may be. If you have children, its essential to plan for their future, and a Will is of the most important legal documents you can create to ensure that they wont be entangled in a lengthy probate process. With the right help, its easy to create your own Will that clearly stipulates the distribution of the assets of your estate and speeds the transfer of those assets to your survivors. This Alabama Will with Trust is an important tool for husbands and wives with minor children and estates worth less than $2,000,000. The forms are flexible and allow for a variety of circumstances; for example, if children are minors and your spouse has already passed away. The Will also creates a Trust for any minor children, and lets you make specific gifts to others as well. Among others, this form contains the following key provisions:
- Introduction: Contains preliminary information about the will
- Article I: Gives the name of the spouse and any child(ren)
- Article II: Authorizes payment of funeral and burial expenses
- Article III: Authorizes payments of debts and expenses
- Article IV: Disposes of specific property, primary residence and residuary property
- Article V: Deals with the creation of a trust for any minor children if spouse dies before Testator
- Article VI: Deals with appointment of Trustee and Trustee s specific duties/responsibilities
- Article VII: Deals with appointment of a Guardian and an alternate for any minor children in the event the spouse predeceases the Testator
- Article VIII: Deals with the appointment of the Testator s Personal Representative
- Article IX: Designates the powers of Executor and Trustee
This attorney-prepared packet contains:
- Checklist and Instruction for Will – Married Person with Minor Children;
- Information about Wills; and
- Will – Married Person with Minor Children with self-proved affidavit
State Law Compliance: This form complies with the laws of Alabama
Category : With Minor Children
Tags: Will - Married Person with Minor Children
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