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Jasper L. Edwards
Certain kinds of wills are known
variously as ethical wills, spiritual wills or even spiritual ethical wills and the
reason why you too should understand what these kinds of will
are is that such wills have, in the recent past, gained in popularity as compared to the
traditional type of wills, which more often than not, end up lacking in any kind of spiritual
or ethical content.
Information Of An Intimate
Nature
To begin with, the term "ethical wills" refers to a variety of wills
much as is the case of last wills and even trusts though, in its basic form, the ethical will
is nothing more and nothing less than an ethical letter that contains information of an
intimate nature relating to a person, or a group of people. However, such ethical letters
generally do not contain any list related to inheritance and nor do theycontain promises related to the maker’s
estate.
Before you rush
into believing that ethical wills do not carry any legal weight, it would be wise for you to
consider the factors that can govern whether such wills are in fact legal or not. Though, it is
legal to write such a will, it still may not be considered as being a legally binding document
since they may not, in most circumstances, contain the type of information needed in order to
execute a will, though they may certainly contain a promise regarding how the estate be divided
amongst beneficiaries.
Thus, to ensure
that any ethical wills that you may be considering making be considered legal, you need to ensure
that such wills include all of the elements contained in last wills and even in trusts which will
help ensure their legal standing.
It is however up
to the court to decide on the legality of your ethical will and thus there must be included in such
wills signs that you did in fact, intend this will to be your last will and trust. Thus, you
should, at the very beginning of your ethical wills include simple statements to the effect that
you are creating the ethical will with a view to making it your trust and last will because such
statements will help to ensure that will is considered a legally binding
document.
However, a better way of ensuring that
your ethical wills is indeed considered to be legally binding is to get an attorney to create
the segments that pertain to finances as well as legal aspects and then add whatever other
information and material you wish to include in such
wills.
RESOURCE
BOX
Free Wills to
Print provides detailed information on
Free Wills, How to Write a Will, Last Will And Testament, Living Wills and
more.
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