Last Will And Testament Form - Arkansas (Page 2 of 4) in pdf

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If a named beneficiary to this Will predeceases me, the bequest to such person shall lapse, and the property shall pass under the other

provisions of this Will. If I do not possess or own any property listed above on the date of my death, the bequest of that property shall

lapse.

VII. ALL REMAINING PROPERTY; RESIDUARY CLAUSE: I give, devise, and bequeath all of the rest, residue, and remainder of my

estate, of whatever kind and character, and wherever located, to my _________________ [wife or husband], provided that my

_________________ [wife or husband] survives me. I make no provision for my children, knowing that, as their parent, my

_________________ [wife or husband] will continue to be mindful of their needs and requirements. If my _________________ [wife or

husband] does not survive me, then I give, devise, and bequeath all of the rest, residue, and remainder of my estate, of whatever kind

and character, and wherever located, to my children per share, but if any child predeceases me, then his or her share will pass, per

share, to his or her lineal descendants, natural or adopted, if any, who survive me; but if there are none, then his or her share will lapse

and pass equally as part of the shares of my other named children; but if none of my named children survives me or leaves a lineal

descendant who survives me, then according to the order of intestate succession in the State of Arkansas.

VIII. ADDITIONAL POWERS OF THE EXECUTOR: My Executor shall have the following additional powers with respect to my estate,

to be exercised from time to time at my Executor's discretion without further license or order of any court.

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IX. WAIVER OF BOND, INVENTORY, ACCOUNTING, REPORTING AND APPROVAL: My

Executor and alternate Executor shall serve without any bond, and I hereby waive the necessity of preparing or

filing any inventory, accounting, appraisal, reporting, approvals or final appraisement of my estate. I direct that

no expert appraisal be made of my estate unless required by law.

X. OPTIONAL PROVISIONS: I have placed my initials next to the provisions below that I adopt as part of

this Will. Any unmarked provision is not adopted by me and is not a part of this Will.

________ If any beneficiary to this Will is indebted to me at the time of my death, and the beneficiary evidences this debt

by a valid Promissory Note payable to me, then such person's portion of my estate shall be diminished by the

amount of such debt.

________ Any and all debts of my estate shall first be paid from my residuary estate. Any debts on any real property

bequeathed in this Will shall be assumed by the person to receive such real property and not paid by my

Executor.

________ I direct that my remains be cremated and that the ashes be disposed of according to the wishes of my

Executor.

________ I direct that my remains be cremated and that the ashes be disposed of in the following manner:

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________ I desire to be buried in the _____________________________ cemetery in __________________ County,

Arkansas.

XI. CONSTRUCTION: The term "testator" as used in this Will is deemed to include me as Testator or

Testatrix. The pronouns used in this Will shall include, where appropriate, either gender or both, singular and

plural.

XII. SEVERABILITY AND SURVIVAL: If any part of this Will is declared invalid, illegal, or inoperative

for any reason, it is my intent that the remaining parts shall be effective and fully operative, and that any Court

so interpreting this Will and any provision in it construe in favor of survival.

Last Will And Testament Form - Arkansas Page 2