Legacy agreement

1. Format Legacy Agreement Party A: ×××

Party B: ×××

Both parties have reached an agreement on the bequest:

1. All the XX of Party A will be given to Party B after the death of Party A. The proof of ownership is:

2. Party B shall pay Party A's living expenses × × yuan and medical subsidy × × yuan before the 10th of each month.

3. Party B shall handle the transfer of ownership of the gifted property within 30 days after the death of Party A. If it is not completed within the time limit, it shall be regarded as refusal of bequest, and its inheritance may be handled in accordance with legal inheritance.

4. Party A shall be responsible for the maintenance of the bequested property and shall not arbitrarily handle the bequested property. If Party A intentionally damages the property or gives it to others, Party B has the right to request Party A to repair, replace or recover it; Party A has the right to terminate the agreement if Party A refuses to repair, replace or recover it.

5. Party B shall pay Party A's expenses on time. If the payment is overdue, Party A has the right to request Party B to perform the agreement.

If no payment is made for three consecutive months, Party A has the right to terminate the agreement.

6. This Agreement shall enter into force on the day of XX. This Agreement is made in two copies and each party holds one copy.

Party A: ×××

Party B: ×××

×年×月×日

2. Explain that the bequest agreement refers to the agreement between the beneficiary and the recipient to give the property to the recipient after the death of the beneficiary, and the recipient is responsible for the bequest of the cost of living before life or other conditions attached. The bequest agreement is a dual task, and it is the act of citizens dealing with their property during their lifetime. It is often used for mutual support relationships between people without a source of life and social organizations. The issues that should be noted when signing a bequest agreement are:

The subject matter of the bequest agreement must be the property owned by the beneficiary or a certain right. The beneficiary cannot give property and rights that are not owned by him or that he has no right to deal with. Otherwise, it constitutes an act of infringement of the rights and interests of others.

The beneficiary is responsible for the bequest of the bequested property. It is necessary to clearly terminate and change the terms of the agreement.

In the contract, it is necessary to write a documentary evidence that the beneficiary has the right to deal with the property and ensure that the bequest is legal and valid.