09/06/2023
Document your will in a WILL
Unless you want your dear ones to fight the next world war in the courts over your assets and properties, even after you are long gone, please make your WILL today.
Don’t worry, we are not heading towards another pandemic or mass extinction, it is just to ensure that your loved ones do not run from pillar to post, for the hard earned money that you are otherwise saving for them. This is something I’m telling you from my personal experience because after the sudden demise of my father, few years ago and I faced several challenges.
Making a WILL is easy. One can make as many WILLs as one wants in his/her lifetime. A WILL is enforceable only after the demise of the person making the WILL and only the last WILL is considered to be valid and enforceable. In India, there is no legal requirement to register a WILL.
All you need to do is mention your self-acquired properties (properties acquired by a person himself/herself) and how you would like them to be distributed amongst the beneficiaries of your WILL, on a paper, sign it in presence of two witnesses and mention the date clearly, at the end of the document.
Since, a WILL is enforced after the demise of the Testator (author of the WILL), therefore, it is important to appoint an Executor, who will execute (implement) the WILL, after the demise of the Testator. Appointment of an Executor is simple. You just need to mention the name and details of the person whom you want to appoint as the Executor, in your WILL.
This post is already too long to make a person fall asleep. So only the essential aspects of writing a WILL are mentioned. Please feel free to contact us, with all your queries relating to writing a WILL or should you want our legal assistance in writing your WILL. Write to us at [email protected] or DM us.
Hope you find this post useful.
For Team
Vidhi Niyam Legal Consultants
Anindita Saha Debabhuti
Advocate
[PS: Image used is not owned by Vidhi Niyam. The free image is downloaded from Unsplash]