The response to my previous post on “Online Will” was very good. Few of my friends and blog visitors requested for a ‘sample draft of a Will.’ The online Will writing service providers prepare online Draft Will based on the details you provide. There is no need for you to work on drafting the Will.
But, if you are planning to write a Will on your own then consider the below points. In this post, I have also provided a ‘Sample Will.’
Latest Article : Nominee, Legal Heir & Beneficiary – Are they one and the same?
Below is the sample Will format:
I, Shri/Smt ………………….. son/daughter/wife of Shri ……………..,resident of …………………., by religion………….., do hereby revoke all my previous Wills (or) Codicils and declare that this is my last Will, which I make on this …….(Date)………………… My Date of Birth is ………….
I declare that I am in good health and possess a sound mind. This Will is made by me without any persuasion or coercion and out of my own independent decision only.
I appoint Shri………………….. Son/daughter of ……………, resident of …………. to be the executor of this Will. In the event Shri…………… were to predecease me, then Shri……………., will be the executor of this Will.
I bequeath the following assets to my Wife Smt……………..
1. My house located at………(address)………
2. Bank balance of my savings account no…………………..with ……………(bank name & bank address)………
3. My Bank fixed deposits in …….(bank name)…..bearing ……..(FD receipt nos)……..
4. The proceeds of my Term insurance policy ….(Policy no)……, from…….(insurance company name)………
5. The contents of bank locker no………, with bank…………, bank address……………
I bequeath the following assets to my son Shri……………
1. Residential Plot no…….., located at…………….
2. My car with registration no……….
3. My mutual fund investments with folio numbers…………………..
4. Any other asset not mentioned in this Will but of which I am the owner.
All the above assets are owned by me. No one else has rights on these properties.
Signature of Testator
Witnesses
We hereby attest that this Will has been signed by Shri………….as his last Will at ………(Place)……… in the joint presence of himself and us. The testator is in sound mind and made this Will without any coercion.
Signature of Witness (1) Signature of Witness (2)
Download free sample (Draft) WILL Document.
The above draft is just a sample Will. Kindly remember that there is no standard proforma or format for drafting a Will. It is always better to write an exhaustive Will. You may consult a Legal expert (or) consider utilizing the services of online Will writing providers.
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(Reference “Wills & Succession Planning” by R N Lakhotia, Image courtesy of Mister GC at FreeDigitalPhotos.net)
This post was last modified on September 5, 2023 2:47 pm
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Dear sreekanth Reddy your services to the needy through online is helpful. thanks for the service you are providing.
Dear i have a small doubt regarding will. Please guide me in this regard.
A person has written a will naming the executors as his grand sons for the inherited ancestral property. the son of the will writer sold the property WITH or WITHOUT knowing the existence of the will.
Now can the grand sons of the will writer have any right to claim the property from the purchaser( present owner) of the property
please guide me sir
thanks and regards.
BALU G M
Dear BALU,
Let me know, the grand-sons were all MAJORS when the transaction happened?
I believe that grand-sons can claim their share in the property based on the WILL.
But kindly note that I am not a legal expert, hence suggest you to consult a lawyer and take a legal opinion on this.
Dear Sreekant Reddy,
I have gone thru all your advise given to others in their needs, but I am really grateful to you for the simple service you render to humanity, God Bless you, keep doing the good work and help the needy.
Dear George,
Thank you so much for your kind and motivating words. Keep visiting :)
I and my husband nominated each other for our Shares Demat accounts, FDs etc. Further we have Bank accounts payable to Either or Survivor of us. We also have independant residential properties. Now, we want to execute a joint will stipulating that though we nominated each other for our Share Demat Accounts, the survivor of us can only enjoy the interest portion on FDs and proceeds of Shares to be kept as FDs. We want to execute a joint will bequeathing different Properties and amounts of FDs for our son, daughter and grand children. Can we do that? will such a will override the nomination given to Banks? or is it better to cancel the existing nominations and nominate each of them for different FDs. Is there a provision to nominate successive nominees for Bank Deposits?
Dear Kumari,
As per legal Experts ; a nominee is merely a trustee, who must distribute the assets to the legal heirs named in a will, or as per succession laws.
However, there are some investments, like company shares, where the provisions of the respective Acts override those of succession laws.
As per RBI's guidelines, the nominees in the case of bank accounts, mutual funds and other investments also need not be the automatic, sole beneficiaries. Legal hiers will have rights on these investment proceeds.
So, suggest you to consult a legal expert and get your WILL drafted.
My father has suddenly been diagnosed with terminal cancer and has no previous will. In this case, we would like to create a will with all assets to go to my mother on his passing - is there any general language we can use when drafting the will such as 'all assets including bank accounts, stock holdings...'' without giving too many details like exact account numbers etc. as we may not have an exhaustive list of assets readily available with us. Thanks.
Dear Rahul,
Advisable to take help of a professional online WILL writing service. I believe WILL is an important document and these services are generally available at a very nominal cost.
Kindly read : Online WILL writing services..
Pl advise on:
1. If the beneficiary can be named as the 'executioner' of the Will?
2. Though it is always advisable to list out each item of the assets, in my case, however, I do not have the complete list of all the stocks & Mutual Fund investments that I have made over the past 40 years or so. I would have, say, 90 % of the list. In some cases, the original document (share certificate) is not handy and, I may become aware of its existence when a dividend warrant or some communication from that company is received.
Is there any way one can include such 'unknown' assets so that at a later date the beneficiary is not put thru much difficulty?
Thanks & regards
Suresh
Dear Suresh,
1 - Yes, can be named.
2 - Suggest you to kindly take help of professionals (lawyers) for drafting a WILL to avoid any future disputes.
Read : Online WILL drafting services.
my father in law want to write house which is his father property and in that house all his brothers family also living and my father in law also have 3 rooms ocypied and they live in other house (own house).they want to gift their daughter (my wife) please just sent simple perfoma and all needs.brother of my father in law,my brother in law and every body can witness.please do what as per law so in future dont have any problem
Dear Sanjeev,
Suggest you to take help of online WILL drafting services company.
Read : Online WILL drafting services.
Dear Mr. Sreekanth, you are doing a wonderful job. Aprreciate your efforts of taking out time and guiding us.
Thank you dear Vishal..keep visiting :)
Thank you Mr Sreekanth for your prompt reply to my earlier query.I have a few more questions.
1)Can we mention the names of two beneficiaries as executors of the will, the second executor will act only in case the first one is unable to act due to whatever reasons like death, ill health,etc.
2)Will it anyway help if we mention the names of beneficiaries' children in the will to enable them to get establish their claim on the bequeathed property
2)Will the revenue authorities on application change the land records in the name of the beneficiary solely on the basis of registered will so that the beneficiary can sell the property without any problem
Thank you very much
Dear vijayan,
1 - Yes.
2 - Yes. You can mention the names and the conditions as to when they can claim their share.
3 - They may ask for legal heir certificate & death certificate too..
While mentioning the details of Fixed deposits with banks what precaution should be taken to ensure that the subsequent renewals are also covered in the bequeathed fixed deposit.This is necessary as some details of fixed deposit given in the will like date of maturity etc. may vary in due course of time Thanks in advance
Dear vijayan..So, it is advisable to just mention all the deposits or balances available with a particular bank branch or bank accounts (deposits linked to the bank accounts).
Dear Srikant,
Is self written will on the white paper by Testator valid in some situations before getting it registered. and suppose can that be considered as valid incase after the death of Testator?
Lets assume Testator would be husband, he is intention is to share his property or savings not only to Wife and but also to his sister (as sister helped economically in many situations), but after the death of Testator, Property should be in parents care, after their death only, this equal share should be done, is this possible?
Dear Gururaj..It is valid and possible. You may make use of ONLINE WILL WRITING PORTALS.