Beneficiaries
Beneficiaries
A beneficiary in the broadest sense is a natural person or other legal entity who receives money or other benefits from a benefactor. For example, the beneficiary of a life insurance policy is the person who receives the payment of the amount of insurance after the death of the insured.
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TRANSFER OF IMMOVABLE PROPERTY BY TRUSTEES TO BENEFICIARY
This is a precedent of Deed of Conveyance/Transfer Deed whereby the Trustees of the Private Trust are transferring the immovable property in favour of the beneficiaries in terms of the Deed of Trust.
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DEED OF PUBLIC TRUST
This is a precedent of Deed of Public Trust for creation of Public Trust and to record the purposes, objects and uses of the Trust and the terms and conditions as detailed in the Deed for governing the Trust.
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DEED OF PRIVATE FAMILY TRUST
This is a precedent of Deed of Private Family Trust for creation of private trust and wherein the Trustees of the settlement accept to act as Trustees in order to effectuate the desire of the Settlor and other good causes and in consideration of love and affection which the Settlor bears towards the beneficiaries upon the terms and conditions detailed therein.
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DEED OF DISSOLUTION OF PRIVATE FAMILY TRUST
The Irrevocable Non Discretionary Private Family Trust is being dissolved with the consent of all the concerned parties of the Private Family Trust i.e. the Settlor, the Trustees and the Beneficiary. This is the precedent to facilitate the same.
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PETITION FOR PROBATE (WITH ANNEXURES)
This is a precedent of Probate Petition with all relevant annexures for obtaining probate from the appropriate court. A person has died leaving a Will. In certain cases, it is essential to obtain a probate from the appropriate court in respect of the last Will and Testament of the deceased.
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AFFIDAVIT IN SUPPORT OF CAVEAT CHALLENGING THE WILL SOUGHT TO BE PROBATED
This is a precedent of an affidavit in support of Caveat challenging the Will sought to be probate. When the probate petition for probating the Will is filed, to challenge the genuineness of the Will one needs to file an Affidavit in Support of Caveat setting out reasons and grounds of challenge to the Will.
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WILL (MINOR CHILDREN ARE CONCERNED)
Will is a written instrument by which a person makes disposition of his/her estate to take effect after death. This is the precedent of a standard Will where the testator has minor children. This is a precedent of will of a person who has minor children.
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WILL (UNMARRIED PERSON)
Will is a written instrument by which a person makes disposition of his/her estate to take effect after death. This is a precedent of Will by unmarried person.
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WILL (OF DIVORCEE)
Will is a written instrument by which a person makes disposition of his/her estate to take effect after death. This is a precedent of Will by divorced person.
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WILL (GENERAL WILL BY HUSBAND)
Will is a written instrument by which a person makes disposition of his/her estate to take effect after death. This is a precedent of Will by husband.
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WILL (GENERAL WILL BY WIFE)
Will is a written instrument by which a person makes disposition of his/her estate to take effect after death. This is a precedent of Will by Wife.
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MISCELLANEOUS PETITION FOR REMOVAL OF EXECUTORS UNDER THE WILL
This is a precedent of a petition to be filed before the appropriate court for removal of an executor appointed under the Will. Under certain circumstances, beneficiaries under the Will can adopt legal proceedings to remove an executor appointed under the Will.
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