Contracts Relating to Wills Flashcards
Joint Wills
A joint will is a will of two or more persons executed on the same piece of paper. A joint will is admissible to probate on the death of each of the testators just as if there were separate pieces of paper.
Reciprocal wills
Reciprocal wills are two separate wills containing provisions that mirror one another.
Joint and Reciprocal Wills as a Contract
Joint and reciprocal wills are usually executed out of an agreement between the creators as to the disposition of their property. Such an agreement can be considered a valid contract to make a will, which is irrevocable by the survivor after the death of the other contractual party.
Proof of Contractual Will
To establish a will as contractual, there must be clear and satisfactory proof of a contract:
1) in the language of the will
2) from extrinsic evidence, or
3) by clear implication from the surrounding circumstances
Procedure of Contractual Will that is Breached
If a will is found to be contractual, the second, breaching will is probated, but the beneficiaries under the first, contractual will are entitled to specific performance. A constructive trust is imposed for them.