Will with Provision for Appointment of Trustee for a School

Will with Provision for Appointment of Trustee for a School

I, ……… son of ……… hereby declare this to be my last will thereby revoking all or any previous wills or codicils made by me and devise and bequeath my estate as follows:

After defraying the expenses of administration of my said estate and obtaining probate or letters of administration with the will annexed and after meeting all expenses of my funeral and construction of the samadhi as provided in the will and after paying off all debts or liabilities that may be owing from me to any other person or persons, I hereby bequeath and devise all my movable and immovable properties including choses-in-action and trade-mark and patent rights unto—

(1)   Shri …………………………………………..        of ……………………………………

(2)   Shri …………………………………………..        of ……………………………………

(3)   Shri …………………………………………..        of ……………………………………

(4)   Shri …………………………………………..        of ……………………………………

(5)   Shri …………………………………………..        of ……………………………………

jointly as trustees of my said estate for the purpose of establishing and maintaining a school for the education of the children of poor persons specially those belonging to the scheduled castes and of beggars and unattached children.

The said trustees shall be entitled to convert all my properties and assets into any kind of Trustees’ security and keep the same invested in such securities as they deem fit in order to carry out the purposes of the trust and change the same.

The school shall be named ……… and shall consist of kindergarten, primary and secondary classes, so as to equip each child with an appropriate mode of living and becoming a good citizen of India having knowledge of arts and science suitable to the mental equipment of each such child and making him physically fit to bear the burden of life thereafter. The said school shall have attached residential boarding house where each child shall receive enough individual attention and shall be brought up in a decent and orderly way of life.

No fees shall be charged in the said school and the children shall be clothed and fed properly. For the purposes of carrying out the objects of the trust, the trustees may establish and maintain a dairy, a laundry, workshop and/or any other institution which they may consider suitable or advisable to assist them in the duties aforesaid.

In case State aid should become necessary, the trustees shall be entitled to apply for the same and observe the rules and regulations that may be imposed upon them by the State, which may override any of the instructions hereby given by me.

The trustees are directed to set apart a sum of Rs. ………… to be utilized for the building of a samadhi in my name at any appropriate place, whereto should be attached small resting place for travellers which should be equipped with a well and other necessary amenities of life.

I have no wife nor any children. But in case any near relation of mine should on account of poverty be unable to maintain and educate his or her children, such children should be given preference in the admission to the aforesaid school.

In witness whereof I have hereunto set and subscribed my hand and signature this ……… day of 2000.

Signed by the within named Testator as his last Will and Testament in our presence all being present at the sametime. Thereafter at the request of Testator and in his presence and in the presence of one another we subscribe our respective names

Signed by AB the Testator

Signed by MN in the presence  of AB and PQ

Signed by PQ in the presence of AB and MN

You are here: Conveyancing Drafting and Deed by DeSouza's Will with Provision for Appointment of Trustee for a School

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