Scripting a Will is not any pleasant task. Will is considered not only as acknowledging your own inevitable demise but it means you are actually planning for it. Creating a Will is considered as one of the most demanding and analytical things which you can probably do for your loved ones. Putting all your views and wishes on a paper in a legal way will certainly help you and your younger generation avoid the unnecessary hassles, and you can easily gain good peace of mind witting all the life's possessions in the safe hands. A testament is an important thing which will certainly help you to control all your properties, even after your death.
Here are some of the main things which you need to consider before writing a will:
What happens if I Die without a Will?
If by chance you perish without writing any will, then it is usually taken under the rules of the central government, who inherits and outlines the whole property to the person. It is basically a legal procedure to transfers the whole property of the dead person to the right inheritor by the government if the person dies without writing a will.
As there are no named executors to transfer the will, then the government appoints the bureaucrat who is capable enough to serve in that capacity. If the deemed will is invalid then the administrator will be blamed. Hence the will should meet the certain standards accordingly.
Where should I keep my Will?
There are various legal documents which are required as the death claims. Court usually requires the original will before the whole process of the asset transfer, hence it is really very important to keep all the documents in a safe place that to at an accessible area. If you submit it beforehand to the government offices or the bank safe deposits, then your family need to seek an official order to get that document. Or else you can also keep it in any fireproof and waterproof area of your house.
Or else if you have appointed any advocate or barrister, then they can keep the signed copies of the original documents. These signed copies can be considered as to establish your intentions.
Who has the right to contest my will?
Contesting refers to challenging the legal validity of the whole or the part of the process. An heir who feels the slightest by the terms of a will might choose to conduct the contest for the will. Depending on the state or the place where you live, you can easily conduct it.
Conducting a contest helps to find the legitimate legal fault with the whole process.
These are the three most important things, which you need to consider before writing a will, which helps you to achieve a clear success.