5 Benefits Of Making A Will |
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Your family may always have a ‘right’ to your estate, BUT it takes a
legal will to protect what is ‘right’!
Purpose Of Having A Free Printable Living Will
Benefits of Living Wills :-
Benefit #1 for Making A Will
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You can specify who your beneficiaries are
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You can specify the assets to transfer
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Rather than letting the courts decide!
Benefit #2 for Making A Will
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You can safeguard the interests of your loved ones by appointing
people of your choice, a estate executor or a will lawyer, to
administer your estate and to carry out your wishes.
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Remember: your legacy stays longer after your death, and it should
be managed according to your wishes by a will lawyer.
Avoid family squabbles over your estate.
Benefit #3 for Making A Will
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You can Appoint guardians of your choice for your minor children.
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You can ensure that their support, health and education will be
taken care of.
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Without a Living Will, a stranger could be looking after your
children’s welfare!
Benefit #4 for Making A Will
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You save time: Your beneficiaries can get a Grant of Probate to
administer your estate in just 3 months by the help of a Will
Lawyer.
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It’s 12 over months if you do not have a Legal Will ***.
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You save on legal fees: It’s a lot cheaper to get a Grant of Probate
compared with a Letter of Administration.
Why burden your family ever more?
The Importance of Leaving A Living Will ........
To Avoid ESTATE SHRINKAGE!
Death without Living Wills ……
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High administration fees
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Complicated legal process
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Delayed settlement & distribution
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Properties not properly account for
Benefit #5 for Making A Will
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You need not obtain any sureties to receive the grant of probate.
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Without a Legal Will, two sureties are required to provide security
for the due administration of the estate.
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If the gross estate is worth $5m, the security amount is $5m.
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The surety is equivalent to the gross estate.
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