This package contains two wills for a man and woman living together with minor children. It is designed for persons that, although not married, desire to execute mutual wills leaving some of their property to the other and that have minor children. Instructions are also included.
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. Philadelphia Pennsylvania Mutual Wills or Last Will and Testaments for Unmarried Persons Living Together with Minor Children provide an opportunity for unmarried couples in Philadelphia, Pennsylvania, who share children, to protect their assets and ensure the well-being of their loved ones in the event of their demise. By creating a legally binding document, these couples can establish their wishes regarding the division of property, guardianship of their minor children, and other crucial matters. There are various types of Philadelphia Pennsylvania Mutual Wills or Last Will and Testaments designed specifically for unmarried couples with minor children. Let's delve into some of the most common ones: 1. Basic Mutual Will: A basic Mutual Will enables partners to leave their share of assets or property to each other, jointly own properties, and mutually determine who should receive their assets upon their passing. This will typically focus on ensuring the security and stability of the surviving partner and minor children. 2. Guardianship Clause: This provision allows unmarried couples to specify who they want to assume guardianship of their minor children if both partners pass away. Carefully selecting a guardian ensures that the children will be cared for by someone the couple trusts, and someone who shares their values and parenting style. 3. Trust Provisions: Couples may opt to include trust provisions in their Mutual Wills, especially if there are concerns about the financial capability or maturity of the children. Trust funds can be set up to hold and distribute assets for the benefit of the minor children until they reach a certain age or milestone, ensuring their financial stability. 4. Healthcare Directives: Alongside Mutual Wills, unmarried couples can also establish healthcare directives, such as living wills and medical powers of attorney. These documents grant the surviving partner the legal authority to make healthcare decisions on behalf of their incapacitated loved one. When creating Philadelphia Pennsylvania Mutual Wills or Last Will and Testaments for Unmarried Persons Living Together with Minor Children, it is crucial to consult with an experienced attorney who specializes in family law and estate planning. They can guide you through the legal requirements, ensure your documents comply with Pennsylvania state laws, and tailor the content to your specific needs. By proactively setting up these legal documents, unmarried couples with minor children in Philadelphia, Pennsylvania, can gain peace of mind, knowing that their partner and children will be protected according to their wishes.
Philadelphia Pennsylvania Mutual Wills or Last Will and Testaments for Unmarried Persons Living Together with Minor Children provide an opportunity for unmarried couples in Philadelphia, Pennsylvania, who share children, to protect their assets and ensure the well-being of their loved ones in the event of their demise. By creating a legally binding document, these couples can establish their wishes regarding the division of property, guardianship of their minor children, and other crucial matters. There are various types of Philadelphia Pennsylvania Mutual Wills or Last Will and Testaments designed specifically for unmarried couples with minor children. Let's delve into some of the most common ones: 1. Basic Mutual Will: A basic Mutual Will enables partners to leave their share of assets or property to each other, jointly own properties, and mutually determine who should receive their assets upon their passing. This will typically focus on ensuring the security and stability of the surviving partner and minor children. 2. Guardianship Clause: This provision allows unmarried couples to specify who they want to assume guardianship of their minor children if both partners pass away. Carefully selecting a guardian ensures that the children will be cared for by someone the couple trusts, and someone who shares their values and parenting style. 3. Trust Provisions: Couples may opt to include trust provisions in their Mutual Wills, especially if there are concerns about the financial capability or maturity of the children. Trust funds can be set up to hold and distribute assets for the benefit of the minor children until they reach a certain age or milestone, ensuring their financial stability. 4. Healthcare Directives: Alongside Mutual Wills, unmarried couples can also establish healthcare directives, such as living wills and medical powers of attorney. These documents grant the surviving partner the legal authority to make healthcare decisions on behalf of their incapacitated loved one. When creating Philadelphia Pennsylvania Mutual Wills or Last Will and Testaments for Unmarried Persons Living Together with Minor Children, it is crucial to consult with an experienced attorney who specializes in family law and estate planning. They can guide you through the legal requirements, ensure your documents comply with Pennsylvania state laws, and tailor the content to your specific needs. By proactively setting up these legal documents, unmarried couples with minor children in Philadelphia, Pennsylvania, can gain peace of mind, knowing that their partner and children will be protected according to their wishes.
