What is a Will?
A Will is a document where a person states his intentions as to how his Estate is to be administered and distributed after his death and who is to administer the Estate for the deceased. It may include provisions for guardianship, custody and tuition of a child.
A will Must be in writing unless it is Privileged Will. ( A soldier in actual military services, or a mariner or a seaman at sea is entitled to make what is called a "Privileged Will").
A person making a will is called the Testator and he must be at least eighteen (18) years of age and of sound mind unless he is a soldier in actual military service or a mariner or seaman at sea.
Executor: The person named by the Testator to administer and distribute the Estate The Executor need not be a beneficiary.
Beneficiaries: The person who inherit or benefit under the Will.
If there are minor beneficiaries, i.e. person below the age of 18 years named in the Will, you must name at least 2 Executors.
You may also state in you Will that the Executors are also to act as Trustees to hold any assets or invest or use any money for the benefit of the minor Beneficiaries named in the Will.
A Will need not be stamped.
A will Must be in writing unless it is Privileged Will. ( A soldier in actual military services, or a mariner or a seaman at sea is entitled to make what is called a "Privileged Will").
A person making a will is called the Testator and he must be at least eighteen (18) years of age and of sound mind unless he is a soldier in actual military service or a mariner or seaman at sea.
Executor: The person named by the Testator to administer and distribute the Estate The Executor need not be a beneficiary.
Beneficiaries: The person who inherit or benefit under the Will.
If there are minor beneficiaries, i.e. person below the age of 18 years named in the Will, you must name at least 2 Executors.
You may also state in you Will that the Executors are also to act as Trustees to hold any assets or invest or use any money for the benefit of the minor Beneficiaries named in the Will.
A Will need not be stamped.

4 Comments:
At December 21, 2007 8:14 AM,
Erik said…
This is a good definition of a will. For those that don't yet have a will and can't afford to hire a lawyer to draft a will, you may want to consider a PrePaid Legal plan. For a low monthly fee, you can get unlimited legal advice and a free will that can be updated on an annual basis for no charge.
Check out: http://http://www.PrePaidLegalNH.com for more information.
Erik Olsen
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PrePaid Legal Services, Inc.
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At February 12, 2009 5:01 AM,
Eric Davis, Pre-Paid Legal Independent Associate said…
While a will does not have to be stamped, it should be reviewed by an attorney. This ensures that all of the important pieces and legal terminology are present and that the will can accomplish what it was intended to accomplish. For as little as $26/mth. you can have legal access and a free will with annual renewal. Click on my name to see how
At October 25, 2010 5:41 PM,
Anonymous said…
Can a will be made in the name of a person of an unsoundmind
At October 25, 2010 5:43 PM,
Free legal advice said…
Definition of will is very helpful.
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