Some people worry about the safety of your infant children’s inheritance upon your passing. This is a genuine concern that needs attention when making a Will. Start by thinking of the role of the executor of your will. On the other hard, if a beneficiary is under 21 years of age he/she does not have […]
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Probate process explained
If you don’t know anything about the Probate process this is a simple explanation of the process. Process following death When a person dies the person appointed Executor by the Will is required to apply for a Grant of Probate. The Court has to be satisfied that: The person has died (done by producing the […]
Specific gifts and residuary gifts explained
In a Will you can make a specific gift or a residuary gift. A specific gift is a gift of something you own e.g. a watch or a diamond ring. Giving a specific gift means the item given is taken out of the rest of your estate and has to be dealt with before payment […]
Writing a Will for someone else
risky is it not a good idea to use an online Will making platform like EzWills to create a Will for someone else? Helping someone else to write a Will for him/her can be risky. This is even more so if you are using an online Will making platform like EzWills to do so. In […]
When must I update my Will?
If you write your Will with proper planning and foresight you may find that you do not need to update your Will for a long time. Some people have been able to get by without having to update their Wills for 10 years or more. On the other hand, if you do not put any […]