Last Will and Testament of David Packard
Last Will and Testament of David Packard
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Last Will and Testament of David Packard

Last Will and Testament of David Packard
David Packard (1912 - 1996)

Upon his death in 1996, David Packard, co-founder of Hewlett-Packard, left the majority of his $6.6 billion estate to THE DAVID AND LUCILE PACKARD FOUNDATION.  For more information about David Packard, please see his biography in Wikipedia.

 



LAST WILL AND TESTAMENT

of

DAVID PACKARD


I, DAVID PACKARD, declare that this is my will.

First: I revoke all wills and codicils that I have previously made.

Second: I am a widower. I have four (4) children:

DAVID WOODLEY PACKARD, NANCY PACKARD BURNETT,
SUSAN PACKARD ORR and JULIE PACKARD STEPHENS.

Third: I nominate as executors ("executor") of this will those of my children who are competent and willing to act. No bond shall be required of the executor of this will.

Fourth: I give to my issue who survive me, by right of representation, all my jewelry, clothing, household furniture and furnishings, automobiles and other articles of tangible personal property not disposed of in any other manner.

Fifth: I give the residue of my estate to THE DAVID AND LUCILE PACKARD FOUNDATION; provided, however, if at the time of my death said foundation is not then in existence or is not then described in section 2055 of the Internal Revenue Code of 1986, as amended, then I give the residue of my estate instead to such one or more organizations then described in said sections and in such proportions as my executor in my executor's absolute and uncontrolled discretion may select.

Sixth: A. I authorize (but do not require) my executor:

1. To sell, with or without notice, at either public or private sale, and to encumber or lease any property belonging to my estate, subject only to such confirmation of court as may be required by law.

2. To invest and reinvent estate property in such common or preferred stocks, shares of investment trusts, investment companies, bonds, debentures, mortgages, deeds of trust, notes, real estate or other property as to my executor may seem proper, subject only to such authorization of court as may be required by law.

I subscribe my name to this will this 20th day of August, 1987, at Los Altos Hills.

 

The foregoing instrument was by DAVID PACKARD, the maker thereof, signed in our presence and in the presence of each of us, and at the time of his subscribing said instrument he declared to us and to each of us that it was his will, and at his request and in his presence and in the presence of each other we hereto subscribe our names as witnesses thereto, all on the date last above written.

__________________________________Residing at ___________________________________

__________________________________Residing at ___________________________________

 

We hereby declare under penalty of perjury that the following is true and correct: This will, of which this declaration is a part, was personally signed today by DAVID PACKARD, the maker thereof, in our presence and in the presence of each of us, and at the time of his subscribing said instrument, he declared to us and to each of us that it was his will, and at his request and in his presence and in the presence of each other we signed our names as witnesses thereto. The maker of this will is over eighteen (18) years of age and appears to be of sound mind. We have no knowledge of any facts indicating that this will, or any part of it, was procured by duress, menace, fraud or undue influence. This declaration and the above attestation are executed on the date and at the place set forth above the maker's signature.

_________________________________

_________________________________

 

 

 

Ref: Last Will and Testament of David Packard

 

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