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Difference between revisions of "Making and Executing a Will (16:III)"
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Making and Executing a Will (16:III) (view source)
Revision as of 22:49, 15 August 2019
, 22:49, 15 August 2019→d) Cash Legacies
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The will-maker may wish to make a specific bequest of cash legacies. | The will-maker may wish to make a specific bequest of cash legacies. | ||
*SAMPLE: “to pay: $ [amount] to [name of recipient of cash gift] of [address], if [he/she] is alive on the date that is 30 days after the date of my | *SAMPLE: “to pay: $ [amount] without interest to [name of recipient of cash gift] of [address], if [he/she] is alive on the date that is 30 days after the date of my death, and if [name of recipient of cash gift] is not alive on that date, that amount will form part of the residue of my estate,” | ||
If the client feels that his or her estate may not be large enough to pay all desired legacies, the client may wish to express an order of priority for the legacies. See ''2019 CLE Wills and Personal Planning Precedents'', 14.2 | If the client feels that his or her estate may not be large enough to pay all desired legacies, the client may wish to express an order of priority for the legacies. See ''2019 CLE Wills and Personal Planning Precedents'', 14.2. | ||
==== e) Gift to Spouse ==== | ==== e) Gift to Spouse ==== | ||
