How to write a WILL & Sample WILL

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.’

Important Sections in a Will:

• Personal Details – You have to state your name, father’s name, residential address, Date of Birth etc.,
• Declaration of Date – It is very important to clearly mention the date of preparing your Will.
• Validate Free Will – You can mention that you are not under any influence and you are not forced to prepare this Will by any person.
• Provide Executor’s Details – Executor is the person who will implement/execute your Will. Hence, clearly mention his/her name, address, your relationship with him/her, age etc.,
• Details of Assets & Beneficiaries – This is a very important section. List all immovable properties with clear addresses. Mention the movable assets like bank deposits, insurance, units of mutual funds etc., Mention the name of beneficiary(ies) for each asset. (For Mutual Funds – mention the Folio no’s)
• Signature – Sign the Will after mentioning the above details
• Signature of Witnesses – You have to get the Will attested by minimum two witnesses. Make sure that they mention their father’s names and addresses.

Latest Article : Nominee, Legal Heir & Beneficiary – Are they one and the same?

Sample Draft Will / Sample Will Template

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.

Continue reading :

1. Nominee Vs Legal Heir : Who will inherit (or) own your Assets? | Importance of WILL
2. What is Ancestral Property? | Definition & Important Legal rules
3. Leaving A Mark Before That Final Journey: The Last Will & Testament
4. What is Streedhan? – Meaning & Constituents | How can Women protect it?
5. Can a Mortgaged property be Gifted, Willed or Inherited?
6. Five ways of transferring your Immovable (or) Real Estate Property

(Reference “Wills & Succession Planning” by R N Lakhotia, Image courtesy of Mister GC at FreeDigitalPhotos.net)