A will ensures that your belongings do not devolve as per the laws of inheritance (which
vary for each major religion) but as per your wishes
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A will is a legal document that plays a key role in the distribution of one’s assets in the event of their death. The person making a will is known as the testator. It is necessary to keep a will in place to prevent the property from being distributed through the process laid down by law. When one dies without making a will, the property is distributed through ‘intestate’ succession. The process of intestate succession varies from religion and personal law.
Thus, it is always advised to prepare a will in advance to ensure that the property is divided as per the wants and wishes of the deceased. Ideally, the will suggests the property being divided to the close relatives or friends of the deceased. Keeping a will in advance is a healthy practice, this is often overlooked as many people do not have a will or have outdated information in it. In India, it is not necessary to register a will but it is always advantageous to register it with the Sub-Registrar.
Distribution of one’s property after death is a very important event. Reading of a will after death is a common practice where heirs gather to hear the will left by their recently deceased member. It is thus necessary that a will is specific. A confusing or non-specific will can cause a lot of legal and financial trouble to a grief-stricken family. It is important that the property is divided as per the wants and wishes of the testator. A poorly drafted will can also be often misused. This is why one should seek guidance from legal experts who will properly draft your wants and wishes.
Note: For every issue or concern you may have, our experts will assess your situation and advise you on the best course of action.