Here are several reasons why you need a valid Will
Having a Will ensures that your assets and possessions will be distributed
Here are several reasons why you need a valid Will
REASON 1
Having a Will ensures that your assets and possessions will be distributed in the manner that you wish, Therefore, if you do not have a Will, the law, Estates Administration Act and Succession Law Reform Act (SLRA) sets out a distribution scheme that may not be what you desire.
REASON 2
Having a Will ensures that a person you trust will fill the role of the guardian to look after your minor children. Therefore, if you do not have a Will, the guardian will be appointed by the Court itself, which may indeed not be your desired choice.
REASON 3
Having a Will ensures that a person you trust and is familiar with your affairs will handle your estate. Whereas, if you do not have a Will, an executor will be appointed by the Court, which again may indeed not be your desired choice.
REASON 4
Having a will may result in reducing final costs.
REASON 5
Having a will may result in reducing legal costs and delays in handling your estate.
REASON 6
When an individual passes without a Will and without successor(s), his or her estate is potentially vested in the Government. Having a Will ensures your choices are given priority. If you wish to have a solicitor review your estate and help you make a Will, please contact us.
