Wills-Etc

Guide to making a Will I want to make a Will, but how do I do it? In our straightforward guide to making a Will we have outlined how a Will should be drafted and explained some of the rules that must be followed. How Wills are structured Only an adult can make a Will. Wills Frequently Asked Questions Also review our straightforward guide to making your Will.

Wills are documents in which you dispose of your assets (your Estate) upon death. In a Will, personal items can be gifted and trusts set up. Gifts can be made to family friends and charity. If a Will is valid at date of death your Executors are appointed to ensure that your wishes are followed. A Will should be clear as to the intentions of the Testator (the person who has made the Will).

In our straightforward guide to making a Will we have outlined how a Will should be drafted and explained some of the rules that must be followed. Executors must be appointed in the Will, these are the individuals who will deal with the assets of the Estate. We recommend that at least two Executors are appointed, as if one cannot act for any reason the remaining one can administer the Estate.

You should make a Will because you can ensure that the people you want to get your estate will do so. You can ensure that if your spouse has pre-deceased you your Estate assets will benefit your children. Assets can be preserved and protected for your children, ensuring that "family assets" stay in the family.

Estate Administration Upon death a deceased person's Estate must be administered and Grant of Probate or Grant of Letters of Administration obtained. The debts and tax must be paid first after which the net assets must then be paid to those who are entitled. I'm not sure who is entitled under my mother's Will?