What is the purpose of an exordium clause?

What is the purpose of an exordium clause?

What is the purpose of an exordium clause?

The exordium clause declares the identity of the testator. The testator’s intent and capacity to create a will Incorrect. The testator’s intent and capacity are important introductory information. The testator’s intent to make this document the last will Incorrect.

Will identification clause?

The introductory clause plays a very important role; it identifies you as the testator and declares that the simple will is your last will and testament. The introductory clause also provides certain details about you to help ensure that your simple will is not mistaken for the will of a different person.

When drafting a will simple language should be used?

The will must be written in simple language so that the testator’s intent is clear. Erase as many mistakes as necessary, and make any corrections needed on the final will Incorrect. Avoid all corrections and erasures in the final will. 6.

How do you write a residuary clause?

The clause will name the residuary beneficiary who is also sometimes known as a remainder beneficiary. For example, “I give my car to my niece, my rental property to my son, and the residue of my estate to my wife,” or “…. I give the remainder of my estate, including any personal and real property, to my wife.”

What should I say in a will?

What to Include in Your Will

  • Name your executor.
  • Name guardians for young children and their property.
  • State how to pay debts and taxes.
  • Provide for pets.
  • Serve as a backup for a living trust.

What is included in a residuary estate?

Residuary estate is a probate term that refers to the assets in a deceased person’s estate after all gifts are bequeathed and debts, taxes, administrative costs, probate fees and court costs are paid.

What is Testatum?

Definition of ‘testatum’ 1. a part of a purchase deed. 2. obsolete. a document declaring a defendant to be outside a sheriff’s jurisdiction.