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Will and Estate

- Peace of mind -

IMPORTANCE OF A WILL / UPDATING AN EXISTING WILL

  • You decide without any pressure from anybody else what happens to your property and specify
    who gets certain items.
  • Without a will, you place the power to make decisions about your property into the hands of the
    Law. Your loved ones will suffer the consequences.
  • You nominate the guardians to care for your minor children when you are no longer there, and to
    ensure that a Testamentary Trust is created out of your Will to provide for their nancial needs

TYPES OF WILLS

  • Joint Will – Normally when parties are married
  • Single Will – For an Individual person as well as a married person
  • Testamentary Trust Will – When minor children are to inherit
  • Living Will – Specically stipulates that you are not to be kept on life support

WHO WILL ATTEND TO THE ADMINISTRATION OF YOUR ESTATE?

  • It is your choice.
  • Nominating an executor is an important aspect, and strongly recommended that an attorney,
    who has full knowledge of the process and law, attends to your estate.
  • ’A man without a face’ might not have your best interests at heart and only keep an eagle eye on
    the total asset value of your estate for the fee. It’s already a nancial and emotional burden for your
    loved ones when you are gone; they deserve to work with an executor who cares.
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