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Make A Will

Market Price: ₹951

World Legal India Price: ₹852

Making a Will is a legal process where an individual specifies the distribution of assets, guardianship of dependents, and other instructions to be executed after their death.

Structure:

  1. Title: Last Will and Testament

  2. Introduction: Purpose and significance of the Will

  3. Testator Details: Name, address, and identification

  4. Executor Appointment: Name and role of executor(s)

  5. Beneficiaries: Names and share of assets

  6. Distribution of Assets: Detailed allocation of movable and immovable property

  7. Guardianship of Dependents: Appointment of guardians for minors

  8. Special Instructions: Charitable donations or specific requests

  9. Witnesses: Details of witnesses and their signatures

  10. Testator Signature & Date: Legal signing section

  11. Short Description: 30-word overview

PDF

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Make a Will

A Will is a legally binding document in which a person, known as the testator, expresses their wishes regarding the distribution of assets and properties after death. It ensures that the testator’s belongings are transferred according to their intent and minimizes disputes among heirs.

While making a Will, the testator can appoint executors to oversee the implementation of the Will, designate beneficiaries who will inherit assets, and specify guardians for minor children. The Will can cover immovable properties, bank accounts, investments, jewelry, and other personal belongings. It can also include charitable donations or other special instructions.

To make a valid Will, the testator must be of sound mind, an adult, and free from undue influence. The Will should ideally be written, signed by the testator, and witnessed by at least two individuals who are not beneficiaries. While registration of a Will is optional in India, it adds legal authenticity and helps prevent future disputes.

Making a Will provides peace of mind, ensures a smooth transfer of assets, and protects the interests of family members and dependents. It can be updated or revoked at any time during the lifetime of the testator to reflect changes in circumstances, assets, or wishes.

In conclusion, making a Will is an important legal step to secure one’s legacy, provide clarity for heirs, and ensure that assets are distributed as per personal wishes, reducing potential conflicts and legal complications.

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