DOUBLE WILL Meaning and
Definition
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A "double will" refers to a legal document or testament created by an individual in which they make two separate wills, each outlining the distribution of their assets and property after their death, commonly for the purpose of providing for different beneficiaries. This practice is often employed when an individual wants to include specific provisions for different assets or when they desire to leave unequal shares of their estate to different beneficiaries.
The concept of the double will allows for the division of an estate into two distinct parts, with separate instructions regarding the disposition of each portion. For instance, one will might address the distribution of personal property, such as jewelry and sentimental belongings, whereas the other will could focus on the division of real estate or financial assets. The main objective is to avoid potential disputes or complexities arising from combining all instructions in a single document.
It is crucial to ensure that both wills complement each other and do not conflict in any way. To this end, both wills are usually executed at the same time and often reference each other to provide clarity and coherence. It is recommended to seek professional legal advice to draft and execute the double will to ensure it adheres to all legal requirements and to minimize the likelihood of challenges or disputes over the distribution of assets.
Common Misspellings for DOUBLE WILL
- souble will
- xouble will
- couble will
- fouble will
- rouble will
- eouble will
- diuble will
- dkuble will
- dluble will
- dpuble will
- d0uble will
- d9uble will
- doyble will
- dohble will
- dojble will
- doible will
- do8ble will
- do7ble will
- douvle will
- dounle will
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