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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 22:25, 9 August 2021
, 22:25, 9 August 2021→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] without interest to [name of recipient of cash gift] of [address], if [they] are 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, | *'''SAMPLE:''' “to pay: (i) $ [amount] without interest to [name of recipient of cash gift] of [address], if [they] are 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;” (2020 CLEBC ''Wills and Personal Planning Precedents'', 13) | ||
If the client feels that their 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 | |||
If the client feels that their 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 2020 CLEBC ''Wills and Personal Planning Precedents'', 13.4. | |||
==== e) Gift to Spouse ==== | ==== e) Gift to Spouse ==== | ||
