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"As a rare witness to the private moments of one of our country's most consequential presidencies, and as a first lady who has maintained a notable level of discretion, her memoir will provide a candid and personal perspective, and an enduring record, of the years that have already determined the course of the 21st century," executive vice president and publisher of Scribner Susan Maldow said in a statement.
The first lady's press secretary, Sally McDonough, declined to disclose the amount of Bush's book advance, reports the Associated Press – which also notes that books by former first ladies tend to sell better than those by former presidents.
Hillary Clinton's best-selling 2003 memoir, Living History, generated an $8 million advance.
JOSH & FERGIE: ROCKED BY SCANDAL
Did he cheat with a stripper?
Married less than a year, the couple denies an Atlanta woman’s claims that she and Josh had a fling
Note that this week’s cover of PEOPLE may differ regionally
