Professional Documents
Culture Documents
Will
(i)
(ii)
(iii)
It shall be open to them to appoint one or more executors and trustees in their sole discretion.
2. I hereby direct that the said Executors and Trustees shall pay my Income-tax, Wealth-tax, justdebts
and other liabilities, if any, from out of the property which I may leave after my death andthe balance of
my property shall be collected and dealt with in the manner specified hereinabove.Probate duty shall be
paid by the legatees proportionately in accordance with the Legaciesreceival.
3. My family consists of:a) Name:Relationshipb) Name:Relationshipc) Name:4. I own and possess and am
absolutely entitled to the following immovable property / properties:
i)
ii)
iii)
5) I am seized and possessed of various movable assets, a brief list whereof is given below:
i)_________
ii)-----------
iii) Household utensils, furnitures, antiques etc.
iv) Cash in savings A/c. No. ___________ with _______ bank.The present aggregate value of my movable
assests is approximately Rs. __________
6) I am desirous of creating a trust for the benefit of my wife, Mrs_________ and my daughter Ms.
_________
7) I hereby bequeath a sum of Rs___________ to be held by the executors and trustees of mywill to be
held in trust for my wife and my said daughter.
8) The Trustees for the time being of the aforesaid trust shall be entitled to co-opt one or moreTrustees
in their absolute discretion and to nominate one or more person to act as Trustee of Trustee after the
death or resignation of any or all of them.
9) I am seized and possessed of certain bank balances and fixed deposits with Banks andCompanies. I
hereby give, device and bequeath the monies lying in the aforesaid bank accountsand deposits after my
death to __________
11) The paintings, silver wares, jewelry, antiques etc at the time of my death is to be
apportionedamongst my wife and daughter equally.
12) I hereby give, devise and bequeath all the balance of my property, both movable andimmovable,
which I may be possessed absolutely to my wife Mrs._________________. In caseshe predeceases me,
all such balance of my property, I hereby give, device and Bequeath to mydaughter Ms. ______.
IN WITNESS WHEREOF I, do hereby set and subscribe my hand this _______ day of ________ 2005
witnesses)
WITNESS:1.
Name
Address:
2. Name
Address: