6. Four reasons why you need a will
A will makes it much easier for your family or friends to sort everything out when you die – without a Will, the process can be more time consuming and stressful.
In your Will, you decide how your estate will be distributed – The Wills, Estates and Succession Act (WESA) provides a prescribed distribution scheme of your estate when you die intestate (without a will). If you do not write a Will, everything you own will be shared in a standard way defined by the law - which isn't always the way you might want. If you want your assets to be distributed the way you want, you should specify it in your will.
You can prevent family dispute – a clearly drafted Will makes your intentions and wishes clear, so there is no question of your wishes. You can also include specific reasons for certain decisions you made in your Will to reduce the chance of it being challenged.
Writing a Will is especially important if you have children or other family members who depend on you financially or if you want to leave something to people outside your immediate family. You may also choose a guardian for your children and trustee for your estate. You can allocate fund to support your minor children's education and living.
Please contact us to discuss your unique situation.
