Benefits of writing a Will
Benefits of writing a Will:
Decide Who To Receive Our Assets
Decide on who shall receive and benefit from our assets rather than to leave it to the law to decide.
Provide For Those Not Entitled Under The Intestacy Law
To provide for people who deserve to receive our assets but not entitled under the intestacy law.
Decide How Much Our Beneficiary(ies) Shall Receive
Decide on the share of the assets to be received by beneficiary(ies)
Appoint Executor or Trustee
Decide on who shall have the rights to administer the estate.
Decide on who shall has the rights to take care of the minors (children below the age of 21 years).
As the instructions have been clearly stated in the Will.
Expedite Legal Process
Generally, it takes a shorter time and lesser legal fee to settle an estate with a valid Will than the one without a Will.