What Are Wills

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What Are Wills
What Are Wills

Video: What Are Wills

Video: What Are Wills
Video: Wills and Trusts Explained 2024, November
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A will is understood as a form of disposal by a citizen of acquired property in case of death, drawn up in a strictly prescribed manner. There are several types of such documents. Each variety has its own characteristics and is compiled under certain circumstances.

What are wills
What are wills

Instructions

Step 1

A notarized will is a document written personally by the testator or recorded from his words by a notary. In the process of drawing it up, technical means such as a computer, a typewriter, etc. can be used. At the initiative of the testator, a witness can be present at the same time. In this case, the document must contain his initials, address, place of registration.

Step 2

A closed will is understood as a document, the content of which the testator has the right to hide from everyone (even from a notary). It is sealed in an envelope, provided that a couple of witnesses are present. This envelope is sealed in another one, on which the place of drawing up the will, the initials of the compiler and the address of his registration in accordance with the passport data are recorded. Further, the testator is issued a certificate of the fact of acceptance of a closed will. After the death of the testator and the provision of the relevant certificate by the heirs, upon the expiration of 15 days, the envelope is opened by a notary in the presence of relatives and a couple (or more) witnesses. In this case, the text of the document is read aloud and a protocol is drawn up, in which witnesses and the notary himself must sign.

Step 3

The essence of a testamentary disposition for money in banking structures is that a citizen, at his own discretion, determines from which accounts and how much money will be transferred to his heirs. The document can be drawn up without the participation of a notary, you just need to exercise the right to a testamentary disposition, which must be signed by the testator indicating the date of its preparation, followed by certification by a bank officer.

Step 4

A will in emergency situations can be drawn up in simple writing, but subject to certain conditions. First of all, this concerns the state of the testator, i.e. he has the right to draw up this type of document only in the event of a threat to life. In addition, the testator must be legally competent. The will must bear his personal signature, as well as the signature of a couple of witnesses. In case of non-compliance with these requirements, the document loses its legal force. If the emergency has passed, within a month the testator must draw up a new document in a strictly established form. If this procedure is not followed, the will is no longer valid. In order for a document drawn up in extraordinary circumstances to enter into force, the heirs must submit an application to the court within six months after the fact of death.