Consumer Voice

While Making a Will

-

senses and free of any kind of pressure. You have to mention your name, address, age, etc., at the time of writing the will so that it confirms that you really are in your senses. time. It is preferably handwritte­n so that your handwritin­g could be later compared (in case of dispute among family members). The will must be put in an envelope without folding the same.

where the blue turns black). minor you have selected reaches the adult age. This custodian obviously has to be a trustworth­y person. A doctor signing a will could put all questions of you being in good health and of sound mind beyond any doubt. The lawyer could vet the will and make sure you don’t make mistakes/errors at the time of writing and signing the will. your will. This might create vested interest and sometimes could make your will invalid. Also, make sure the witnesses are younger than you and not very old, as your will might be in effect for several years! And you want them to be present in this world when your will takes effect. nullify all the previous ones. In fact, there should be a statement in your will nullifying all other previous wills. The pages of the will should be numbered to avoid fraud.

receive, in percentage terms rather than in absolute numbers, unless it is cash. could be stored safely in your bank in a safe deposit vault or locker. You must also inform your next of kin as to where you have stored your will. Do not make more copies of your will. property can be assigned to any person through a will. All rights on inherited property are acquired by birth. So, if you inherited a property from your father, you cannot mention it in a will. It will go to the legal heirs of your father as it is an ‘ancestral’ property.

heirs who could be the beneficiar­y. (phrases like ‘this property would go to Vinod’), and do not be ambiguous about identifica­tion of relationsh­ip.

Newspapers in English

Newspapers from India