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submitted 7 months ago* (last edited 7 months ago) by Varven to c/[email protected]

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[–] [email protected] 5 points 7 months ago (1 children)

There's no consideration specified, so it's not really a contract in normal terms.

It is however a last will and testament for disposal of his asset(s).

[–] SleepingLesson 1 points 7 months ago (1 children)

This is not at all a will and testimate.

[–] [email protected] 1 points 7 months ago (1 children)

Depends on the jurisdiction. Some states recognise "nuncupative" and "holographic" wills.

Other jurisdictions recognise any "speech" that details disposal of assets upon death as a will.

[–] SleepingLesson 1 points 7 months ago

There is no jurisdiction in which the facts of this situation would constitute a binding will.

The circumstances in which a will can be formed orally are death-bed situations where formation of a proper will are impractical.