• deadbeef79000@lemmy.nz
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    4 months ago

    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).

      • deadbeef79000@lemmy.nz
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        4 months ago

        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.

        • Sleeping Lesson@lemmy.world
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          4 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.