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Alabama Mutual Wills Package for Married Couple with No Children

State:
Alabama
Control #:
AL-WIL-01458C
Format:
Word; 
Rich Text
Instant download

Description Will Married Couple No

The Mutual Wills package with Last Wills and Testaments you have found is for a married couple with no children. It provides for the appointment of a personal representative or executor, designation of who will receive your property and other provisions, including provisions for your spouse. This package contains two wills, one for each spouse. It also includes instructions.


The wills must be signed in the presence of two witnesses, not related to you or named in the wills. If your state has adopted a self-proving affidavit statute, a state specific self-proving affidavit is also included and requires the presence of a notary public to sign the wills.


Free preview Mutual Will Form Application
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FAQ

Joint wills are a convenient way to write your wills together while also including some of your own individual wishes. Here are a few reasons a joint will is the best type of will for married couples: You can sign up to write your wills at the same time.

A mutual Will is where two (or more) testators make Wills which mirror the contents of the other(s). However, mutual Wills cannot be altered upon the death of one of the testators.

Many married couples own most of their assets jointly with the right of survivorship. When one spouse dies, the surviving spouse automatically receives complete ownership of the property. This distribution cannot be changed by Will.

The reality is, however, that both you and your spouse should each have your own will, and it should be planned as soon as possible. Some couples think that they can have one joint will together, but this is not a sound approach.

The mutual wills can be revoked during the lifetimes of both testators, but, on the first death, the survivor is prevented from making a new will in the future.

A Joint Will is a Single Will that applies to two or more people, usually husband and wife. The Will normally states that when one person dies, all the property will go to the other spouse. When the remaining spouse dies, the property will then be distributed according to what both parties to the Will agreed.

A Joint Will is a Single Will that applies to two or more people, usually husband and wife. The Will normally states that when one person dies, all the property will go to the other spouse.For this to be valid, both parties must have expressly agreed that the Will could not be taken back or changed at a later date.

Many married couples own most of their assets jointly with the right of survivorship. When one spouse dies, the surviving spouse automatically receives complete ownership of the property.Since one never knows which spouse will survive the other, it is important that both have a Will.

As per the law, the joint assets are owned by both individuals hence both individuals i.e. husband & wife should make a Will either two separate Wills or one single Joint Will.Hence Joint Will is ideal for couple having same wishes for their succession planning.

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Alabama Mutual Wills Package for Married Couple with No Children