Types of Wills: Introduction
A will is a written or oral communication by a person stating how they want their property disposed of at death. There are several different types of wills.
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Simple Will
A simple Will provides for the outright distribution of assets for an uncomplicated estate and can be done on an easy form from a stationery store, a book, or from a reputable legal document website.
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A joint will is one that two people make together, each leaving all of their property and assets to the other. It also covers the situation when the second person dies.
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A pour-over will is created to’catch’ any assets or property that had been left out of a living Trust, either intentionally or inadvertently.
→ Read MoreUnmarried Couples & Wills
Without a will or living trust, unless you have a legally recognized common law marriage (heterosexual couples only), a registered domestic partnership, a civil union, or a valid living together contract, your relatives will inherit everything.
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Wills written by hand (not typed or created on a computer or word processor), also known as holographic wills, are only valid in a few states. Click for a list of states that legally recognize holographic wills.
→ Read MoreDeathbed Will
A deathbed will is a will created and executed when the testator is facing imminent death.
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A self-proving will, or a self-proving affidavit attached to a will, certifies that the witnesses and testator properly signed the will.
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An example of a simple will to show what is typically included in a simple will.
→ Read MoreStatutory Will
A statutory Will is a “fill-in-the-blank” and “check the boxes” Will form that is easy to fill out, inexpensive to prepare, but very limited in use. An example of a statutory Will is reproduced.
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