A Will is a legal instrument that sets out how the properties/estate/assets of a person (“the Testator”) should be distributed upon death.
Making a Will is a way to ensure your assets will be distributed according to your wishes at death.
If you die without a Will (referred to as dying intestate), your assets will be distributed according to other peoples’ wishes.
You would have lost the opportunity to name your beneficiaries and the executors who should manage your properties/estate.
Dying intestate can result in your surviving spouse, children and family suffering unnecessary financial hardship and emotional stress.(e.g. many customs discriminate in sharing inheritance and the process sometimes causes irreconcilable differences within a family).
You should make a will right now because nobody knows what tomorrow holds.
You don’t have to be very old to make a will, because an 18 year old is allowed under law to make a will. Also you don’t have to have so many assets to make a will.
A new will or a “codicil” can be executed to create an amended scheme for disposing of the testator’s assets.
A person should review his estate plan occasionally, especially after certain events, such as marriage, divorce and acquiring major assets or funds.
Solicitors can prepare the will and register it in Court, a Trustee goes the extra mile in ensuring that the property is distributed to all beneficiaries as directed by the deceased in the Will.
Secure Your Legacy, Protect Your Loved Ones, and
Plan for the Future, Starting Today
Secure Your Legacy, Protect Your Loved Ones, and Plan for the Future, Starting Today
We use cookies to optimize site functionality and give you the best possible experience. By continuing to use this site, you agree to our use of cookies in accordance with our Privacy Policy.
Websites store cookies to enhance functionality and personalise your experience. You can manage your preferences, but blocking some cookies may impact site performance and services.
Essential cookies enable basic functions and are necessary for the proper function of the website.
You can find more information in our Cookie Policy.