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The guide to writing a will
Date Posted:
1/13/2018 12:22:13 AM
Posted By: ROZA Membership Level: Silver Total Points: 961
given the authority to take care of everything. The court can give up to a maximum of four administrators depending on the amount of possessions the deceased had. The administrators should also not be beneficiaries of those properties.
There are also other people who leave their properties under the care of trustees in cases where they think that they might pass away when their children are at a tender age. They then state the age at which the trustee should hand over the properties to the deceased’s children.
Although most of the wills are written, a will can also be oral. But this kind of a will is limited in the sense that, in some places they are not acceptable while they are acceptable in others. In some countries they can be accepted if only the person who spoke about it dies within maybe about 3 months after giving his will.
If a husband dies, the wife can inherit her husband’s property but if a wife dies, the husband has to prove that she was assisting him financially but the children are given first priority in this case. In case a divorce happens and everything is settled, then one spouse dies, the left partner has no share in the inheritance. All children including those born out of wedlock have a right to have a share in the inheritance.
Conclusion
A will can be written by the writer; he can destroy it or do away with it and decide to stay without a will. If he then feels that he needs another will, he can rewrite it again. There is no law that forbids all that. It is advisable for us to inform our family members about our possessions, because all we know is our yesterday and today, tomorrow is a mystery. There are a lot of properties that are lost because people keep their property a secret, we call them unclaimed assets. Some people are afraid of declaring their wealth to their family members because they fear being eliminated, so that they can be inherited. But instead of hiding it and losing everything in the end, one can go to a lawyer, write a will and keep it a secret. That way, one can keep his properties a secret but nothing will go wrong in case of death. A will is the answer.
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