Although more than one type of will exists, not all of the fifty states accept them as legally binding or valid. Nuncupative wills are quite possibly the least recognized type of will. The guidelines given by the states severely limit the right to make such an agreement as well as the amount and disposition of property that can be orchestrated within such an agreement.
What Are Nuncupative Wills?
Oral or spoken wills are referred to as nuncupative wills. The individual creating the will, referred to as the testator, states how he wants his property to be distributed to his inheritors. He will need to state all of these in front of two or more witnesses. These are not considered valid in every state. Typically, this type of will must be spoken in front of a minimum of two witnesses. In some states, more than two witnesses are required in order for it to be legally binding.
This type of will is sometimes referred to as a deathbed will since this is commonly when it takes place. The intention for this type of will in the states that accept it as valid is to provide a “safety” measure for those individuals who find themselves on their deathbed without a written will in place.
What Is the Validity of Nuncupative Wills?
In general, a minimum of two witnesses must be present in order for a nuncupative will to be valid. In some states, this minimum is three witnesses.
Today, nuncupative wills are often intended for service men or women who are in active service. Therefore, some states only recognize the validity of one when it has been created by a service member. The reason behind this is that in times of war, the need may arise to create a will upon fear of imminent death without access to legal services or documentation.
What Are the Disadvantages of Nuncupative Wills?
Nuncupative wills are often found to be invalid if a written will exists. This is particularly true when the spoken will contradicts the contents of the written one. Therefore, misunderstandings can arise that will not lead to the deceased person's property being distributed in the manner that he desired.
The possibility of fraud exists with nuncupative wills since the only proof of the testator's intentions is the word of the witnesses. It would be quite simple for two “witnesses” to get together to plan a fraudulent oral will.
Even if the will is spoken in front of two witnesses by the dying person, other people can come forward and claim that fraud has occurred when it has not. If the proper precautions have not been made, the will could be determined to be invalid.
Oral wills that are made with the intention of changing part of a written will are usually not accepted as valid. Changes to written wills need to be drafted in writing.
Oral wills might not be valid if the individual moved to a new state of residence prior to his death yet the will was created in his original state of residence.
What Are Some of the Requirements for a Nuncupative Will to be Valid?
Depending on the state, one or more of the following circumstances must be met in order for the agreement to be considered valid:
· Each of the witnesses must write down the intentions of the deceased within ten days of his statement.
· The will must be submitted within six months of the person's death for probate.
· Dollar-amount restrictions must be met.
· The terms must have been stated during the last illness experienced by the deceased individual.
What States Accept Holographic Wills as Valid?
Approximately two dozen states accept this type of will as valid. Among the states that accept nuncupative wills to be valid as long as the state's requirements have been met are: Mississippi, New York, and Ohio.
Last Wills And Testament
Should you write your own last will and testament? After all, there are so many online applications, computer software programs, preprinted forms, obliging friends, and helpful books available today that it almost seems foolish not to do so. Nonetheless, it is important to consider the repercussions of not creating a will using the services of an estate planner or attorney. Several reasons not to do so are prominent among those that exist.
If You've Seen One Estate, You've Seen Them All
Unfortunately, no two estates are alike in any sense of the word. Therefore, using someone else's advice on how to create your last will and testament even though the individual has no formal training could be disastrous for you. Friends and family mean well, but unless you give them full access to your assets, list of beneficiaries, and other pertinent information, they cannot provide you with the expertise that you need to create a valid document that will meet the needs of your estate fully. Plus, they might not be familiar with the rules of your state.
State Laws Vary
State laws regarding last wills and testaments vary greatly with some states accepting only typewritten wills and others recognizing nuncupative or holographic wills. Generic software is not going to identify these salient points for you nor will they identify many other state-specific points. While federal estate tax laws might be fairly straightforward across all of the fifty states, the state estate laws vary greatly when it comes to probate, trusts, estate, inheritance, gift, and death taxes. Getting the facts from someone qualified to provide them to you is important if you want your will to be valid and complete.
Legal formalities, the rules regarding signatures and witnesses, and the need for specific legal documents required in estate planning vary from one state to another. Additionally, variations in the definitions of elective share laws, common law marriages, community property, descendants, and homestead rights exist that can greatly change the strategy needed to complete a valid will. Generic forms might not provide you with the information that you need to create a legal will in your state of residence.
Last Will and Testament Software Programs Are Not Guaranteed
Most of the software applications that have been designed to help people create a last will and testament only cover the basic points dealing with estate planning. For those individuals with larger estates, this could lead to certain issues being over looked.
In general, estate planning forms available through this strategy are as simple as possible in order to make them readily understandable by the average person. They are not specific to a particular state, but rather they are streamlined to include as many states as possible if not all of them. Just read the disclaimer sentences included on the packaging to determine whether or not you are comfortable using one of these programs instead of the services of a bona fide attorney or estate planner.
Unfortunately, this simplicity means that certain points will be overlooked and skipped entirely. Unless each of the finer points of your estate is dealt with in your last will and testament, your beneficiaries might not be protected and your estate planning needs will not be met.
In Summary
Estate planning is serious business and in order to properly prepare your last will and testament, you should consider obtaining the services of a qualified attorney or estate planning specialist. While individuals with small estates and few assets can often create their own last will and testament using software programs or basic guidelines, complicated estates should use outside assistance.
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