CHAPTER ONE

Wills in General

1.What is a Will?........1

2.Do you need a Will?.......2

3.History of Wills ........4

4.Property not subject to Disposition by Will .5

5.Who may make a Will ......6

6.Limitations on the power to dispose of prop-erty

by Will .........ii

CHART #1 Minimum age requirements for the

execution of a Will .......18

CHART #2 Disinheritance and the right of election...........21

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CHAPTER TWO

The Execution and Revocation or

Preservation of Your Will

1.General Instructions .......

2.Witnesses ..........

CHART #3 Number of witnesses required for

valid execution of a W i l l ......

Actual Execution of the Will

7.Holographic Wills........42

CHART #4 Holographic Wills .....45

8.Nuncupative Wills .......46

CHAPTER THREE

Forms of Wills

1.General ..........48

2.Headings or Captions .......49

3.Introductory Clauses .......49

4.Revocatory Clauses .......51

5.Debts and Funeral Expenses .....51

6.General,Specific and Demonstrative Legacies 5 2

7.Real Estate ..........55

8.Survivorship and Common Disaster ...56

9.Encumbrances on Bequests or Devises ..59

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Advancements .........61

Release of Indebtedness ......62

Preferred Legacies and Abatement of Lega-cies

............63

Disinheritance .........66

In Terrorem Clauses .......69

Allocation of Estate Taxes .....71

Charitable Bequests and Devises ....74

Community Property Clause .....75

Codicils and Revisions of Will ....75

Incorporation by Reference .....77

Residuary Clause ........79

Per Capita —Per Stirpes ......80

Executors,Guardians and Powers ...81

Testimonium and Attestation Clauses ..87

Forms of Complete Wills ......89

CHAPTER FOUR

Administration of Estates

1.Probate ........

2.Intestacy and Administration .

3.Transfer of Assets and Tax Assessments

4.The Accounting ......

Taxes

1.Federal Taxes .........104

2.State Taxes ..........105

3.Provisions of the 1948 Revenue Act ...105

Glossary of Legal Terms ......109