01 Dec Learn About A Last Will and Testament
Take a look at this useful information.
A last will and testament outlines your final wishes regarding how your property and assets are dispersed after you pass away. Do you want to make sure that your assets go to certain people? Then you need to have a will.
Did you can know that you can even change your last will or revoke it? This is quite beneficial for you to take into consideration.
A last will lets you divide up all your property and assets and disperse them to a range of beneficiaries. You may be wondering who your beneficiaries can be. They can be your friends, your family members, or even charities. It is up to you to decide who your beneficiaries are going to be.
Find out more important information below.
Who is going to look after your children after you pass away? If you would like to make sure that your children are cared for by certain people, then you need to make sure that you state your wishes in your will.
What about your pets? Who is going to look after your pets when you are no longer around? It is vital that you have a will to make sure that your pets are well looked after by the right people.
Having a will is essential in making sure that your personal assets are distributed to your loved ones.
Here are some steps that you need to take before having your last will and testament created:
- The first step is to make a detailed list of all your assets.
- Listing your beneficiaries is necessary.
It is up to you to decide if you would like to have a will. It is certainly worth considering having a will. There are many good reasons for you to have one.
DR MERVIN MESSIAS
JD (Juris Doctor) / BA, LLB (Wits) / TEP (Trust & Estate Practitioner) / MTP (Master Tax Practitioner – S.A)