Where there Is a Will

There Is a Way to In­herit

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AWhile not many of you would have seen an ac­tual will, most of you would know of it from Bol­ly­wood films wherein the vil­lain­ous char­ac­ters con­spire to get their names as heirs in the will of some about-to-die wealthy old man. Many of you would re­mem­ber a most dra­ma­tized part where the cam­era zooms in on the faces of the vil­lains when they get to know that as per the dead man’s will his for­tune has gone to a char­ity. In this chap­ter, we have made an at­tempt to bring forth the sig­nif­i­cance of the will and in the course of it have un­der­lined the fact that it is an im­por­tant in­stru­ment that is sim­ple enough to ex­e­cute. will refers to a writ­ten le­gal dec­la­ra­tion of the in­ten­tion of a per­son with re­spect to his/her prop­erty/es­tate which he/she de­sires to be car­ried into ef­fect after his/ her death It is a uni­lat­eral doc­u­ment and can be re­voked or al­tered by the maker of it at any time dur­ing his/her lifetime. A will is also called tes­ta­ment.

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