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.
Springfield Missouri Mutual Wills or Last Will and Testaments for Unmarried Persons living together with Minor Children are legal documents that allow unmarried couples who live together and have minor children to outline their wishes regarding the distribution of their assets and the care of their children in the event of their death. These documents provide peace of mind and ensure that the couple's wishes are followed after their passing. There are several types of Mutual Wills or Last Will and Testaments that unmarried couples with minor children in Springfield, Missouri, can consider: 1. Joint Last Will and Testament: This type of will is created and signed by both partners together. It outlines their common wishes regarding the distribution of assets and the appointment of a guardian for their minor children. 2. Reciprocal Will: In a reciprocal will, each partner drafts their own separate will, mirroring each other's provisions. This type of will is commonly used by unmarried couples who want to ensure that their assets and children are cared for in the same manner upon their deaths. 3. Testamentary Trust: A testamentary trust is established within a Last Will and Testament. It designates a trustee who will manage and distribute the assets for the benefit of the minor children until they reach a specified age or milestone. 4. Trust in the Will: This type of will creates a trust that comes into effect upon the testator's death. It allows for the assets to be held in trust for the benefit of the minor children, with a trustee overseeing the management and distribution of these assets until the children reach a certain age. 5. Guardian Nomination: A Mutual Will or Last Will and Testament can also include the nomination of a guardian to care for the minor children in the event of both parents' death. This nomination ensures that the couple's preferred individual is legally recognized as the guardian and can provide for the children's physical and emotional needs. It is essential to consult with an experienced estate planning attorney in Springfield, Missouri, to understand the specific requirements and legalities surrounding mutual wills or last will and testaments for unmarried persons living together with minor children. They can guide you through the process, helping you draft a legally binding document that reflects your wishes and protects your loved ones.
