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What are your myths for not having your last Will and why almost three-fourths of people out there do not wish to own one!

And the top 10 will writing myths are: Myth 1: It’s a known fact my children will get my property. This is perhaps the most ridiculous will writing myth. While there may exist state laws that govern the way family estates are distributed upon death for those without a written Will, there may be some …

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What happens when you die with a will

In my last article, I wrote about what happens when you die without a will. Now let’s talk about what happens when you die with a will. Your Appointed Executor will:– Administer Estate According to your Will– Apply Letter of Administration or Grant of Probate– Distribute the Estate According to your Will Approximate Time Until …

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What happens when you die without a will?

I would never wish this upon anyone as I personally know the frustration you have to go through. However it is best you have an understanding. Your Next of Kin will have to: Appoint Administrator Compile Information for Assets and Documents Carry out Self-Investigation on Debts and Assets Obtain LA from High Court Admitted as …

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Why you need a will

Many people I speak to generally understand the importance of a Will but procrastination always get the upper hand. Here are some reasons to think about: Choose your beneficiaries Write bequests for charity Choose how assets are distributed Choose trustee and executor Set up trust for minor children Choose guardian for minor children Speed up …

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