Will Clause to Appoint Trust Company as Trustee

Direct your trustee to name a special executor in another jurisdiction with this free Will Clause. The clause is generic and can be used in wills in many different countries.

Administration of Assets Outside of Jurisdiction.

I EMPOWER my Trustee to appoint a person or corporation living or carrying on business in any country or jurisdiction where any asset or liability of my estate is situated as a special Executor and Trustee of my said Will for the purpose of administering my estate in such country or jurisdiction.

Grant a life estate in a residence to your spouse with this free Will Clause. The clause is generic and can be used in wills in many different countries.

Will Clause Granting Life Estate in Residence to Spouse

To hold whatever house and property I may own and be using as a home at the time of my death as a home for my --(husband, wife)-- until --(his, her)-- death or until --(he, she)-- shall in writing advise my Trustee(s) that --(he, she)-- no longer desires to have such property held for --(him, her)--, whichever shall first occur, when the said property shall fall into and form part of the residue of my estate. My --(husband, wife)-- may at any time direct my Trustee(s) to sell such property and with the proceeds of such sale provide another house and property for --(his, her)-- use, occupation and enjoyment, and so on from item to time.

All taxes, insurance, repairs, mortgage interest and any other charges or amounts necessary for the general upkeep of the said property while it is held for my --(husband, wife)-- shall be paid by my Trustee(s) out of my general estate, and I will and declare that my Trustee(s) may in --(his, her, their)-- uncontrolled discretion make such payments or any of them out of the capital or income or in such proportions as --(he, she, they)-- think(s) fit.

This free optional Will Clause directs that compensation be paid to the executor under a compensation agreement signed during the testator's lifetime.

Download the digital file or just copy and paste the following text.

I DECLARE AND DIRECT that my Executor _______________________ shall be entitled to receive and shall be paid out of my estate as compensation for acting as Executor and Trustee of and under this my Will the fees, reimbursements and other compensation provided for in the Compensation Agreement between _______________________ and me signed on the ____ day of ________, ________ and prior to the execution of this my Will.

Add this clause to a Will made in Canada to direct how life insurance proceeds are to be distributed.

• The testator (person making the Will) declares that the proceeds of life insurance policies, except for RRSPs, are to form part of the estate and be paid to the beneficiaries as such.
• This clause is intended to be considered a declaration within the meaning of the Insurance Act (Canada).
• This Canada Will Clause re Insurance Proceeds is a downloadable form in MS Word format.