Will with Legacies for Children

THIS IS THE LAST will and testament of me, AB of, etc. This will be operative with effect from my
death. I hereby revoke all wills and codicils by me heretofore made.
1. I hereby appoint CD of, etc., and EF of, etc., as the executors of my this will, trustees of my
estate and also the guardians of the person and property of my minor children, GH and IJ, during
the respective periods of their minority. In case any one of the executors fails to obtain probate or
act as trustee and guardian, the other shall act as the sole executor, trustee and guardian.
2. I direct my said executors or executor and trustees or trustee to pay out of my estate a sum
of Rs. 1 lakh to X and a further sum of Rs.1 lakh to Y for their absolute use and benefit and I
hereby give, leave and bequeath the same unto and in their favour absolutely. It is my further
wish and desire that a sum of Rupees 1 lakh should be paid for the expenses of the marriage of
MN of, etc., should I not celebrate his or her marriage during my lifetime and I direct my said
executors or executor and trustees or trustee to pay the same accordingly on the occasion of his
or her marriage.
3. Subject to what are hereinbefore stated, my said executors or executor and trustees or
trustee shall, after defraying the costs, charges and expenses of administration, hold and possess
the entire estate, both movable and immovable, in trust for my children for their maintenance and
support until the youngest of them shall attain the age of 21 years.
4. My said executors or executor and trustees or trustee shall be entitled to convert the
movables only into money which should be invested in the purchase of Government securities or
trustees securities or in loans against the first mortgage of houses and lands or in any other good
and sound investments with power to draw interest, dividends, etc. to alter and vary the same at
their discretion such investment or investments into other investment or investments of the same
or like nature, to be held upon trust as aforesaid.
5. My said executors or executor and trustees or trustee shall look after, manage and keep
and maintain in good repair and develop all my properties, and realise the rents, profits and other
income thereof.
6. I further direct that my said executors or executor and trustees or trustee shall after paying
all my just debts, testamentary and other expenses and the legacies hereinbefore recited, and,
after providing for the costs, charges and expenses of the management and development of the
said properties and for payment of the revenue and taxes spend the surplus of the income for all
the necessary expenses for maintenance and education of my said children during their minority
and on my last child attaining the age 21 years shall divide the remaining property equally among
all my children, when and in such an event the trust hereunder created shall come to an end.
Provided, however, they shall keep and maintain proper account of the estate and file the
same in court once in every six months and get the same audited and passed.
Provided, however, further that in the event of acquisition or compulsory purchase of any
property, the said executors and trustees shall invest the proceeds in purchase of some other
suitable property or properties to be also held by them in trust as aforesaid.
IN WITNESS WHEREOF I have hereunto set and subscribed my hand and signature this
day of 1999.
Signed by the within-named
Testator as his last Will and
Testament in our presence all
being present at the same time.
Thereafter at the request of the
Testator and in his presence and in
the presence of one another We
XY and MN subscribed our
respective names

Signed, sealed and delivered by AB

the Testator
Signed by XY in the presence of AB
the Testator and MN
Signed by MN in the presence of
Testator and XY