this post was submitted on 23 Jun 2024
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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).
This is not at all a will and testimate.
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.
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.