Post by Sinn Féin's Ireland on Sept 26, 2007 8:52:11 GMT -5
Under the new system in the WSO, nations are asked to create an individual thread for their will.
This is to be created here in the WSO subboard and entitled 'XXXX's Will and Testament' (where the XXXXs are the nation's name)
Once you have made the post naming the terms and beneficiaries, the RRC will rubberstamp it, with the date and Regional Reserve Seal. If you wish to amend your will at any time, make a new post in your thread, and once the RRC has rubberstamped the amendment, simply alter your initial post (to reflect the amendment) and delete the new one.
The Regional Reserve keeps a record of all wills in its private Offices.
If you want to keep your will a private matter then contact the RRC with its specific terms, and the will will be held in confidence until such a time as it needs invoking (i.e. your CTE). If this is what you wish to do, create your will thread as instructed above, but in your initial post, state the fact that the will is private and held by the RRC. The RRC will rubberstamp it with the date and seal as above. Follow similar procedures for amendments.
If a nation CTEs without a will, the remaining funds will be absorbed into the Regional Reserve.
Thanks, and happy Testaments!
Last Edit: Nov 8, 2015 12:40:01 GMT -5 by Woonsocket
Former Regional Reserve Chairman,
Other Roles:, Former Delegate, Knight of TITO, Official 'Spam King' 2005, 2006, The 'Master of Vocabulary' 2007, Around the Islands editor.
* Imm Stock * Map Items * Stock in privately held Companies * Shop Items
Explanations and other requirements:
For stock in private companies arrangements must be made with that company to liquidate the assets and distribute the funds accordingly, if the business is willing to perform this action.
This ruling is because a private company or its account holder may cease to exist and we would have no viable way to seize the assets and verify their correct distribution.
Shop items are not transferrable items as they are tied directly to a single nation.
The only suitable recipient of a bequeathment is a single nation or corporation.
In the event that a beneficiary of a will has CTE'd the bequeathed funds will be absorbed into the Regional Reserve account.
After a will is recorded please contact the Regional Reserve Chairman to have the will ratified in accordance with the rules. In the event of the RRC being unavailable the registrar general may ratify the will.
Any will which has been promulgated after the date of this amendment shall not be executed unless it has been officially ratified by the officers of the 10000 Islands listed above.
Wills which existed prior to this amendment shall remain legal and executable until they are modified or updated.
For all wills, please use this template:
The Last Will and Testament of ____________________________________
Upon my untimely death and having stayed in the grave (aka Ceased To Exist) for over 180 days, my immigration shares shall be liquidated and all my tacos I bequeath to the following 5 recipients:
House of: Aersoldorf XKI Political Party: TIP - The Islands Party XKI Generation: The Redesign Generation XKI Map Location: Bottom Right XKI NS Join Year: 148 - Monday, 9 May 2011 Member is Online
Would it be possible to name the (then) holder of a particular office as a beneficiary?
I'm not the authority on this one, but I know it has been done before. The late Mayor Shelter had stipulated that his tacos should go to whomever was Mayor of Taco Island when the will was to be executed (which was Aerso).
TITO Knight Battalion Commander Louisistan 79th Knight of TITO 28th Delegate of 10000 Islands Former TITO Tactical Officer and Executive Officer Former Senator for Lyonesse East