The Will No one has ever lived forever, no one ever will, yet hardly anyone seems to realise how short the life is. We work, build and accumulate property as a means of security, survivial, prosperity and efficiency. And the time comes when we must die. Others live on. They need our possessions. Animals need help. Environment needs help. Each one of us has caused wear and tear to the environmnent; may be we can leave something towards repairing the damage. Our children may still depend on us. There are many ways to put what we no longer need to a good cause. For this we must prepare the last testament, the Will, with clear instructions on how our property and possessions are to be distributed, and appoint someone to carry out our instructions. Many people fail to make a Will out of fear of preparing for death, and many just delay doing it for too long. Preparing a Will is a serious matter of responsibility. The advantages of making a valid Will are: - To avoid disposal of your property after your death contrary to your wishes
- To avoid unnecessary expenses for the estate
- To simplify administration
- To reduce the risk of fraud
- To choose an executor
Where there is a Will there is a way may not be true if you make your own Will. It is quite risky to make your own Will, or to use Will kit forms sold to the public through newsagents. Sometimes what you did not say in your Will may become more important than what you have said. Preparing a valid, effective Will is a specialist job. The Will must comply with the legal requirements of the Wills Act 1936. It may be a good idea to obtain a legal opinion and advice before choosing the Executor of your Will.
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