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Showing posts from August 27, 2018

Writing a will? Avoid these mistakes

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Where there is a will, usually someone is willing to contest it. Where there is none, someone is willing to fight for inheritance anyway. Does this mean writing a will is a pointless exercise? "No, it is not." While the law allows a person to express concern over a person's inheritance, if a will is made properly, the objection can be dismissed easily. A will reduces costs, effort and paperwork, not to state disputes Within the family. While writing the will itself is an easy task, it is best to do it under legal supervision or consult a lawyer for legal advice. This is because, on your own, you are likely to miss many details that can result in legal battles. 1)  Not having a will It is the biggest mistake and a step that needs to be taken once you reach your 50s, or earlier if you have many assets and properties. More Time and Higher Expenses: In the absence of a will, legal heirs are forced to spend large sums to acquire compulsory documents such as