5. Why should you make a Will?
In your will, you will tell everyone what should happen to your money, belongings and property after you die (all these things together are called your ‘estate’). If you die without a will, it means you have died "intestate.”. Then, the law decides how your estate is distributed upon your death - and this might not be in line with your wishes. This includes any bank accounts, securities, real estate, and other assets you own at the time of death. Real estate owned in a different country than where you resided will be handled under the intestacy laws of that country where the property is located.
In most cases, your property is distributed in split shares to your "heirs," which could include your surviving spouse, parents, siblings, aunts and uncles, nieces, nephews, and distant relatives.
Don’t delay. It’s easy to make a will – and it will save your family unnecessary distress at an already difficult time.
Please contact us to discuss your unique situation.
