What is a Will?
A legally binding document by which an individual signifies his/her wishes as to the distribution of his/her estate upon death.
A legally binding document by which an individual signifies his/her wishes as to the distribution of his/her estate upon death.
• Caters for beneficiaries outside the law.
• Own choice of executor, trustee and guardian.
• Specify assets to specific beneficiaries.
• Determine the age of entitlement up to 21 years old.
• Revocable.
• Can retain ownership of assets.
• No sureties required.
• Avoid depletion of assets.
• Final Message.
• Peace of mind.
• Time consuming and costly.
• Beneficiaries and percentage of inheritance are determined by the Law.
• Beneficiaries outside the Law will not benefit.
• Appointment of administrator.
• Requirement of two (2) sureties.
• Possibility of splitting of assets to too many beneficiaries.
• Wishes of the deceased will never be heard thereafter.
• Inheritance might be misused by immature beneficiaries.
• Family disputes.
• Depletion of assets.
*For more information, Please call 013 8080 068.