Last Will and Testament

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LAST WILL AND TESTAMENT

OF

__________________________

I, ________________, of legal age, Filipino, married, with legal


address at _______________________, Philippines, being of sound and
disposing mind and memory and not acting under duress, undue
influence, violence, intimidation or fraud of whatever nature, do hereby
make, publish and declare this to be my Last Will and Testament (“Will”).

ARTICLE I: DECLARATIONS

I declare that I am married to _____[full name]____________ and


presently have one (1) daughter, namely:

_______[full name]____________, born on ____________________.

This Will is made in English, a language known to and understood


by me.

By this Will, all other wills, codicils or testamentary dispositions


heretofore executed, signed or published or alleged to have been
executed, signed or published by me, are hereby revoked.

ARTICLE II: APPOINTMENT OF EXECUTOR

In case of my death, I nominate and appoint [name of spouse] as


the Executrix of this Will, and reposing special trust in her, directing that
no bond or other security be required for the faithful performance of her
duties.

If she predeceases me or fails to qualify as Executrix or, having


qualified, should die, resign or become incapacitated, then I nominate
and appoint __________________ and/or _____________ as Substitute
Executors, likewise without bond, and give them the same powers and
authority as my original Executrix was given.

If they fail to qualify as substitute Executors or, having qualified,


should die, resign or become incapacitated, then I nominate and appoint
________________ as Second Substitute Executor, without bond, and give

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him/her the same powers and authority as my original Executrix was
given.

ARTICLE III: POWERS AND DUTIES OF EXECUTOR

In addition to the powers, authorities, duties and obligations of an


executor as provided by law, I hereby authorize my Executrix/Substitute
Executors/Second Substitute Executor, as the case may be, to secure
the services of legal counsel and/or an accountant of their choosing for
the purpose of assisting them in fulfilling their duties as Executors.
Expenses and costs incurred by my Executors in the reasonable and
faithful discharge of their duties shall be chargeable against my estate.

ARTICLE IV: BEQUEST OF PROPERTIES

I hereby give, devise and bequeath to [name of daughter] all of my


rights to, title and interest in the following properties:

a) A parcel of land located in _________________________________,


with an area of ______ square meters, more or less, and more
particularly described under Transfer Certificate of Title No.
__________________;

b) Proceeds of the life insurance policy issued by [name of


insurance company] wherein my daughter is the designated
beneficiary;

c) Cash proceeds of US Dollar Account in [name of bank and


branch] held under my name, with Account No.
__________________; and

d) Cash proceeds of Philippine Peso Account in [name of bank and


branch] held under my name of __________________, with
Account No. __________________;

as well as all other property that I may own as of the time of my death,
whether real, or personal, of whatever kind and nature and wherever
situated, including all property that I may acquire or become entitled to
after the execution of this Will, including personal effects, jewelry,
household furniture and furnishings, garden and lawn furnishings and
equipment, books, silver, art objects, hobby equipment and collections,
wearing apparel, automobiles, and other personal articles; provided, that

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any child born to me and my spouse, or adopted by us after the
execution of this will is to be given, bequeathed and devised the same
aliquot share of such property (except the proceeds of insurance policy)
as is given bequeathed or devised to [name of daughter].

[name of spouse] shall hold in trust for our child or children all of
the latter’s share and interest in the said property while they remain
minor; Provided, that in case [name of spouse] predeceases me or
becomes incapacitated, __________________ and/or _________________
shall hold in trust for the said children all of the latter’s share and
interest in the said property while they remain a minor.

ARTICLE V: APPOINTMENT OF LEGAL GUARDIAN

In case of my death and that of my spouse, I nominate and appoint


__________________ and/or __________________ as the legal guardians of
our daughter, ___________________, and any other minor children that we
may have at such time.

ARTICLE VI: DEBTS AND EXPENSES

I direct that all of my legally enforceable debts, funeral expenses


and estate administration expenses be paid as soon after my death as
may be practicable, except that any debt or expense secured by a
mortgage, pledge or similar encumbrance on property owned by me at
the time of my death need not be paid by my estate, but such property
may pass subject to such mortgage, pledge or similar circumstance.

ARTICLE VII: TAXES

I direct that all estate, inheritance, legacy, transfer, succession and


other related estate taxes or duties (together with interest and penalties
thereon, if any) that are levied or assessed upon or with respect to any
property included as part of my estate, whether such property passes
under the provisions of this Will or otherwise, shall be paid by my
Executor/s out of my residuary estate as an administrative expense,
without any proration or apportionment that might otherwise be required
by law.

_________________________

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TIN _____________

ATTESTATION CLAUSE

The foregoing instrument, which is declared to be the Last Will and


Testament of ___________________, consisting of ___________ (__) pages
(including the Acknowledgment), all consecutively numbered, has on the
date hereof been signed and subscribed on each and every page by the
aforementioned testator in our presence, and we have witnessed and
signed this instrument on each and every page hereof, in the presence of
____________________ and in the presence of one another, and have
subscribed hereunder as witnesses and in attestation of said Last Will
and Testament. We expressly acknowledge that we understand the
contents of this attestation clause.

_____________________________ ________________________________
(Name of Witness) {Address of Witness)

_____________________________ ________________________________
(Name of Witness) {Address of Witness)

_____________________________ ________________________________
(Name of Witness) {Address of Witness)

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ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)


________________________________) S.S.

BEFORE ME, a Notary Public, for and in _________________, this


________________________, personally appeared the following:

Name Valid ID Date/Place Issued

_______________________
_______________________
_______________________
_______________________

known to me to be the same persons who executed the foregoing Last


Will and Testament, which consists of ________ (__) pages, including the
page where this Acknowledgement appears, and who acknowledged to
me that the same is their free and voluntary act and deed.

IN WITNESS WHEREOF, I have hereunto set my hand and affixed


my notarial seal at the place and on the date first written above.

Doc. No. _______;


Page No. _______;
Book No. _______;
Series of 2012.

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