Different Types of Last Will and Testament Forms

Different Types of Last Will and Testament Forms: A Quick Guide

Last Will is a legal document which communicates the last wishes of a person, specified prior to his / her demise. This is created by someone referred to as the testator, which states possessions and assets distribution, as well as the wish related to the interests / accounts management and minor dependents' custody. Know about the various types of Last will and testament form agreements out there.

Unprivileged Will

It is made by somebody who is not a soldier, and is a mariner at sea, engaged in actual warfare or employed in an expedition. An Unprivileged Will can be regarded as valid in case the testator affixes or signs own mark to it, and is attested by two witnesses or more. The testator's mark or signature should be put in such a way that it shows it was done to make the writing more effectual.

Privileged Will

These are made by word of mouth or in writing by people who are involved in active services, such as a mariner, airman or soldier. This will must be signed by the testator, and written partially or in entirety. There is no attestation requirement in this case.

Joint Wills

This kind of last will and testament in Florida is made upon the agreement of two or more persons. In case this is intended to be effectual following the demise of both people, it would not be enforceable as long as any of them is still living. Either person can revoke a Joint Will at any time after the death of one or during the joint lives.

Mutual Wills

Here, reciprocal benefits are conferred by testators upon each other. It can be executed by any spouse during his or her lifetime, in order to pass all benefits on to the other spouse as long as he / she is living.

Duplicate Wills

This can be made by a testator for keeping safe with a trustee / executor / bank. However, in case the will is destroyed by a testator in his/her custody, the duplicate version of the will would be regarded as revoked as well.

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