Executor: choose someone you trust to be responsible for carrying out your wishes and handling the distribution of your assets. This person will be responsible for managing your estate.
Beneficiaries: these are the individuals or organizations you want to inherit your assets or receive specific gifts from your estate. You can specify what each beneficiary should receive, whether it's a certain amount of money, a property, or other possessions.
Guardianship: if you have minor children, you can use your will to name a guardian who will take care of them if something happens to you and the other parent. It's crucial to discuss this with the person you have in mind beforehand.
Asset distribution: clearly state how you want your assets, such as property, investments, and personal belongings, to be distributed among your beneficiaries. You can divide them equally or specify different shares for each beneficiary.
Residue clause: include a clause that covers what should happen to any remaining assets or funds not specifically mentioned in your will. This ensures that everything is accounted for and prevents any confusion or unintended consequences.
Executable: make sure that it is possible to execute on your wishes. Please ensure that there will be cash available after you die to wrap up your life.
Signatures: it must be properly signed by you and 2 independent witnesses. These witnesses must not gain any benefit from the will.
Remember, it's essential to consult with a legal professional who specializes in estate planning to ensure your will reflects your wishes and is legally binding.