Examples of Wills
So that you may see what a Will might look like, we present you three Will scenarios, broken down and summarised in easy-to-understand language, and with an example Will to preview.
Scenario #1 - Married Couple with Kids
Robert and Mary Wallace are a married couple. Robert is 45 years old and Mary is 42 years old. They have a son, Michael, who is 15, and a daughter, Jessica, who is 9. They do not plan on having any more kids.
As a couple, they both want Wills.
They click Start for Free and select the Matching Wills for a Couple option that is available in our Will-Building Questionnaire there.
By completing the questions and forms they quickly obtain the best set of Wills that cover themselves and their family.
According to their Wills, when the first spouse among them dies, that spouse's assets will shift to the surviving spouse. Then after that spouse has passed, their assets will go to their children equally. And finally, anticipating all possibilities, if any of their children is not alive but has had their own children (grandchildren to Robert and Mary) then their portion will instead go to those children.
Also, in an emergency scenario where both Robert and Mary have died where at least one of their children is under 18, they want Robert's brother, Phillip Wallace, to be their children's Guardian.
You can see a plain English summary of this Will Plan in the next section.
In the section after that, you can see free partial previews of official Wills for Robert and Mary Wallace. You can see the actual legal language in use.
Robert and Mary Wallace's Will Plan
- To Partner
- To Children
- To Grandchildren (if any)
Property
Primary Intention
When the first partner among Robert and Mary Wallace dies, their property shall go to the second, surviving partner.
Alternate Scenario
When the second, surviving partner among Robert and Mary Wallace dies, their property shall go in equal parts to whoever is then alive of their son, Michael Wallace, and their daughter, Jessica Wallace.
Alternate Scenario
If a child of Robert and Mary Wallace's above is not alive at the time of their death but has left children of their own then alive, then the interest as to Robert and Mary Wallace's property they would have received had they been alive shall instead go in equal shares to such children of their own.
Executors
Primary Intention
When the first partner among Robert and Mary Wallace dies, their Executor shall be the second, surviving partner.
Alternate Scenario
When the second, surviving partner among Robert and Mary Wallace dies or cannot or will not act as Executor, their Executors shall be whoever is then alive and not a minor of their son, Michael Wallace, and their daughter, Jessica Wallace.
(In the event that an Executor is needed but no one above is alive and able and willing to act as one, a suitable person may apply to Court to act as Executor.)
Guardians
Primary Intention
When the second, surviving partner among Robert and Mary Wallace dies, their minor childrens' Guardian shall be Phillip Wallace, if he is then alive.
Preview Will of Robert Wallace (Scenario #1)
Preview Will of Mary Wallace (Scenario #1)
Scenario #2 - Young Single Adult
Henry Lee is 26 years old. He has a stable income and good savings.
He would like to get married and have children someday but those things are still some time away and until then he'd like a Will in place to cover his assets in case something should happen to him.
His parents, Patrick and Isabelle Lee, are alive. In the unlikely event that he passes away, he would like his assets to go to them.
He also has an older sister, Michelle Lee. In an alternate scenario, if he has passed and his parents are not alive, then his assets will go to Michelle. Finally, as a final, extreme alternate scenario, if neither Henry's parents nor Michelle are alive, his assets will go to Michelle's children.
Though he wants his assets to go to his parents as a first choice, he chooses his sister Michelle to be the Executor of his Will in all cases and oversee the transfer.
Henry obtained this Will by clicking Start for Free and selecting the Will for an Individual option that is available in our Will-Building Questionnaire there.
When Henry hopefully gets married and has children in the next few years he will immediately replace this Will with a new Will to include his new family. But until then, he is satisfied with having this Will in place.
Henry Lee's Will Plan
- To Parents
- To Sister
- To Sister's Children (if any)
Property
Primary Intention
When Henry Lee dies, Henry Lee's property shall go in equal parts to whoever is then alive of Henry Lee's father, Patrick Lee, and Henry Lee's mother, Isabelle Lee.
Alternate Scenario
If both of Henry Lee's parents above are not alive at the time of Henry Lee's death, Henry Lee's property shall go to Henry Lee's sister, Michelle Lee, if she is then alive.
Alternate Scenario
If Henry Lee's sister, Michelle Lee, above is not alive at the time of Henry Lee's death but has left children of her own then alive, then the interest as to Henry Lee's property she would have received had she been alive shall instead go in equal parts to such children of her own.
Executors
Primary Intention
When Henry Lee dies, Henry Lee's Executor shall be Henry Lee's sister, Michelle Lee, if she is then alive and not a minor.
Preview Will of Henry Lee (Scenario #2)
Scenario #3 - Retired Senior
Daniel Smith is 67 years old. He is retired after a long and successful career.
He is divorced and has two adult children: a son, Liam, and a daughter, Alexandra. He would like to leave his many assets to them along with others.
On his death, from his estate, he would like to make a fixed cash gift of $20,000.00 to his charity of choice, Sick Kids Hospital. (*The condition 'if they are then alive' will be taken to mean 'if they are then still in existence' in the actual Will.)
He would like to give his valuable vintage motorcycle to his brother, Allan Smith.
He would like to gift his ranching property to his son.
As for the remainder of his assets, he would like to give one third (1 of 3 parts) to his son, and two thirds (2 of 3 parts) to his daughter.
His son and daughter's entitlements shall go to any of their children if they predecease Daniel.
Finally, he has made funeral plans well in advance. He has communicated his wishes to his children, but he would like to indicate such wishes in his Will as well.
Daniel constructed this Will by clicking Start for Free , completing the questions and forms, and utilizing the powerful customization options that allow for declaring named gifts and declaring percentages for entitlements.
At this point in this life, Daniel is satisfied that such a comprehensive Will as this will be the last that he requires.
Daniel Smith's Will Plan
- Gift To The Hospital For Sick Children
- Gift To Brother
- Gift To Son
- Gift To Grandchildren (if any)
- Property To Children
- Property To Grandchildren (if any)
Property - Named Gifts
Primary Intention for Gift
When Daniel Smith dies, a cash sum in the amount of $20,000.00 shall go to the Hospital for Sick Children, they are then alive*.
Primary Intention for Gift
When Daniel Smith dies, Daniel Smith's 1952 Vincent Black Shadow motorcycle shall go to Daniel Smith's brother, Allan Smith, if he is then alive.
Primary Intention for Gift
When Daniel Smith dies, Daniel Smith's land and ranching property at 1654 Wilderness Trail, Clearwater, Ontario shall go to Daniel Smith's son, Liam Smith, if he is then alive.
Alternate Scenario
If Daniel Smith's son, Liam Smith, above is not alive at the time of Daniel Smith's death but has left children of his own then alive, then the interest as to Daniel Smith's gift of Daniel Smith's land and ranching property at 1654 Wilderness Trail, Clearwater, Ontario he would have received had he been alive shall instead go in parts to such children of his own.
Property - Remainder
Primary Intention for Remainder
When Daniel Smith dies, the remainder of Daniel Smith's property shall go in 1 part (33.3%) to Daniel Smith's son, Liam Smith, if he is then alive; and, 2 parts (66.7%) to Daniel Smith's daughter, Alexandra Smith, if she is then alive.
Alternate Scenario
If a child of Daniel Smith's above is not alive at the time of Daniel Smith's death but has left children of their own then alive, then the interest as to the remainder of Daniel Smith's property they would have received had they been alive shall instead go in parts to such children of their own.
Executors
Primary Intention
When Daniel Smith dies, Daniel Smith's Executors shall be whoever is then alive and not a minor of Daniel Smith's son, Liam Smith, and Daniel Smith's daughter, Alexandra Smith.
Funerary Arrangements
It is Daniel Smith's wish that, upon Daniel Smith's death, Daniel Smith's body be cremated.
Daniel Smith's Executors may contact Serenity Gardens Funeral Home, with whom Daniel Smith has made funeral arrangements.
Preview Will of Daniel Smith (Scenario #3)
Begin Your Will Today
What you've seen above are only a few of many possible Will Plans.
Click below to see just what we can do for you!