Wednesday, April 4, 2012

Ensure You Have a Will



You do not have to be rich to have a will. Every person of over the age of 18 years can make valid will, which is the only way to be certain that your earthly possessions go to those you want to have it.

During a person’s life time they build up assets of some sort – be it cash, investments, insurance policies, furniture or family heirlooms that have been handed down to them. A will provides the means by which you can ensure that the correct assets reach the person whom you love with the minimum of fuss and bother.

Unfortunately, many people put off drawing up a will as they have a resistance to signing a document, which will become operative only after their death. No one likes to be reminded that they are mortal and signing a will seems to some people to be the first step on the downward slope. But, you will find that knowing that your affairs are in order and that you have signed a will which should eliminate disagreements after your death, will give you great peace of mind.

The right to draw up wills is not reserved to any particular profession or body of persons. Anyone may draw up his own will and as long as the will complies with all legal requirements, such a will is a valid document. 
However, as there may be some legal pitfalls that can render a will null-and-void after the death of a Testator (the person making the will) it is advisable to use a solicitor to avoid any future legal tangles. Generally, to draw up a simple will, will not cost you an arm and a leg.

A will should be reviewed every now and then and be kept up to date. Should your marital status changes be sure to make a new will immediately to avoid complications.

Wills are not for the wealthy. Even if your estate will be small or insignificant, having a properly prepared will can greatly facilitate the speedy winding up of your estate.

Something to ponder on
Stop whining and complaining and start doing and taking action. You will find that the more action you take the more life will give you. It is simple. Participating in life at the fullest possible level will create a life that is exciting and full of opportunity.

Daniel

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