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Deed Upon Death
"I need a Deed Upon Death drafted by March 2025 that includes provisions for the succession of my technology company in Lagos, with specific considerations for digital assets and overseas investments in the UK and US, ensuring smooth transition of business operations after my death."
1. Declaration and Revocation: Opening statement declaring this as the testator's last will and testament, revoking all previous wills
2. Personal Details: Full identification of the testator including full name, address, occupation, and any other names used
3. Appointment of Executors: Naming of executors and trustees who will administer the estate, including substitute executors
4. Funeral Directions: Specific instructions regarding funeral arrangements and burial wishes
5. General Gifts: Disposition of personal effects, household items, and general bequests
6. Specific Gifts: Detailed bequests of specific items or amounts to named beneficiaries
7. Residuary Estate: Disposition of the remainder of the estate after specific gifts
8. Guardian Appointments: Appointment of guardians for minor children
9. Powers of Executors: Detailed powers granted to the executors in administering the estate
10. Attestation Clause: Formal closing statement and space for signatures of testator and witnesses
1. Trust Provisions: Required when creating trusts for minors or other beneficiaries, including terms and conditions of the trust
2. Islamic Law Compliance: Required for Muslim testators ensuring compliance with Islamic inheritance principles
3. Customary Law Considerations: Required when addressing property subject to customary law or traditional inheritance practices
4. Business Interests: Required when the testator has business interests requiring specific succession planning
5. Foreign Assets: Required when the testator owns assets in other countries
6. Digital Assets: Required when addressing digital assets, cryptocurrencies, or online accounts
7. Pets Provision: Required when making specific provisions for the care of pets
8. Alternate Beneficiaries: Required when naming substitute beneficiaries in case primary beneficiaries predecease the testator
1. Schedule A - Real Property: Detailed list of all real estate owned by the testator
2. Schedule B - Personal Property: Inventory of valuable personal possessions, jewelry, artwork, etc.
3. Schedule C - Financial Assets: List of bank accounts, investments, and financial instruments
4. Schedule D - Business Interests: Details of business ownership, shares, and succession plans
5. Schedule E - Debt List: List of outstanding debts, mortgages, and liabilities
6. Schedule F - Family Tree: Family structure diagram to clarify relationships mentioned in the will
7. Appendix 1 - Asset Documentation: Copies of title documents, share certificates, and other relevant asset documentation
8. Appendix 2 - Letter of Wishes: Non-binding letter providing context and explanation for decisions made in the will
Authors
Legal Services
Financial Services
Real Estate
Banking
Insurance
Wealth Management
Professional Services
Family Business
Agriculture
Healthcare
Education
Religious Institutions
Legal
Wealth Management
Private Banking
Estate Administration
Risk & Compliance
Property Management
Financial Advisory
Succession Planning
Trust Services
Client Relations
Estate Planning Lawyer
Wealth Manager
Financial Advisor
Trust Officer
Probate Specialist
Private Client Advisor
Family Office Manager
Legal Counsel
Succession Planning Consultant
Property Manager
Risk Management Officer
Insurance Advisor
Tax Consultant
Corporate Secretary
Compliance Officer
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