Draw On Legal Montana Authors And Publishers Forms For Free

Include contact information of both parties. Outline project terms and scope. Create payment terms. Set a schedule. Decide what to do if a contract is terminated. Determine who owns final copyrights. Clarify the working relationship. Choose your law and venue.

All business contracts should include fundamentals such as: The date of the contract. The names of all parties or entities involved. Payment amounts and due dates. Contract expiration dates. Potential damages for breach of contract, missed deadlines or incomplete services.

Lesson Summary. A contract is a legal agreement between two or more parties in which they agree to each other's rights and responsibilities. Offer, acceptance, awareness, consideration, and capacity are the five elements of an enforceable contract.

Common examples of sales contracts include bills of sale, purchase orders, statements of work, and warranties. Employment / HR contracts: Employment contracts are used to regulate all aspects of employer and employee relationships.

A will must be in writing. Verbal or video taped wills are not legally recognized by federal law. A will should be signed by the maker, dated, and witnessed by two disinterested persons age 18 and over. Disinterested means the witnesses cannot be named as beneficiaries in your written will.

Montana law requires that a testator have ?testamentary capacity.? This means that the testator must have been at least 18 years old and must have been ?of sound mind? at the time that they made the will. In other words, the testator must not have been suffering from a mental incapacity.