Contracts Relating to Wills Flashcards

1
Q

Joint Wills

A

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.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Reciprocal wills

A

Reciprocal wills are two separate wills containing provisions that mirror one another.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Joint and Reciprocal Wills as a Contract

A

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.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Proof of Contractual Will

A

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

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Procedure of Contractual Will that is Breached

A

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.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly