Author (netlawman05). Submitted on Mon, 23 Apr 2012
How the property will be divided in absence of will?
Your assets will be divided in accordance with following rules if you have not made any will. Such as:
What is the importance of will?
Will not only divided the assets in accordance with your wishes but also unite the family. It avoids the legal disputes among the members of the family. Your children, partner or spouse will get their share in accordance with your wishes. First law provides you the opportunity to decide the fate of your assets because you have earned them. Therefore, it is your superior right to decide about the division of the assets by making a will. Law will apply where there is no will.
Can I amend my will?
Yes, you can amend the your will at any time. It is advisable that you must review your will after three of four years or at any time after the happening of major event.
Who can be a witness?
It must be signed and witnessed. A will must be made in the presence of two witnesses. The beneficiary cannot become a witness. Therefore witness must be independent.
Where to buy wills template?
Net Lawman offers written in plain English different templates of wills. Such as:
Now, you have the best chance to make a will because you have tine and mental capacity. You must make a will to unite your family. If you have died without making a will; then your members of the family will get everything in accordance with law. They will waste not only time but also money to get their shares.
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