Will For Individual with Spouse or Partner: Separate Share Trusts For Children
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About this template
This legal template is designed to create a comprehensive will for individuals who are married or in a domestic partnership and have children. The main focus of this template is to establish separate share trusts for the children, ensuring that their financial needs and interests are protected in the event of the individual's death. The template will outline the specific provisions and guidelines of the trust, including how it should be managed, allocated, and distributed to the children. It may also include instructions on appointing trustees or guardians for the children, if necessary. Overall, this legal document aims to provide a structured approach to safeguarding the financial well-being of the children and ensuring that their inheritance is properly managed.
This document is likely to be relevant to all sectors: Agriculture, Forestry and Fishing; Mining; Construction; Manufacturing; Transport; Energy; Wholesale; Retail; Finance; Insurance; Real Estate; Legal Services; Consumer, Public & Health Services; Education; Media; Consultancy; Technology; Public Administration; Sport & Entertainment; Other