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Last Will and Testament Template - New Hampshire
A New Hampshire Last Will and Testament is a legal form that allows an individual - also known as a Testator - to identify who should receive their property, elect guardians for their minor children, and put an agent in charge of carrying out their wishes. There are two other parties named in a will: an Executor (the agent appointed by a Testator to carry out the terms of the will), and a Beneficiary (a person deriving advantage from the will).
Preparing the document also minimizes tensions among surviving family members - battling over possessions can weaken what may have been a strong family.
The New Hampshire Last Will is regulated by Chapter 551 (Wills) . The document, available for download below, must be signed by the Testator and two witnesses. Click on this link to create your own form with our online form builder.
What Is a Last Will and Testament in New Hampshire?
On the whole, a Last Will and Testament allows a Testator to allocate their assets between any number of parties according to their wishes. Creating a will gives the Testator sole discretion over the distribution of their estate. If the Testator is the owner of a business or has any investments, their will can direct a smooth transition of those assets as well.
Making a will is a necessary - and, usually, a fairly simple - process that can save the Testator's family time, money, and give all parties peace of mind.
How to Write a Last Will and Testament in New Hampshire?
Every Testator is eligible to choose what to include in their will. However, several important topics are universally recommended for a Last Will and Testament template.
The Testator has to take the following steps when creating their will:
- Decide what property to include in a will. List significant assets and choose the ones that are to be distributed.
- Decide who will inherit the aforementioned property. Alternate (contingent) beneficiaries must be mentioned in case the first choices do not survive the Testator.
- Choose an executor to handle the estate. The Executor must be a person who is willing to carry out the terms of the will.
- Choose a guardian for children and a caregiver for pets. This guardian must be willing to manage the children's property if the property is left to underage children or young adults.
- Sign the will in front of witnesses. The Testator's signature must be notarized as well.
- Store the will safely. The Testator must instruct their Executor on how to get access to the will when the time comes.
Download Last Will and Testament Template - New Hampshire
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