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What is a Will?

A Will or a testament is a legal document by which a person, the testator, expresses their wishes or desires as to how their property and possessions is distributed, managed upon their death to/by one or more persons. The Will Maker can also appoint the executor to manage the estate until its final distribution.

A valid Will generally has to satisfy the following criteria:

–       Made by a person of at least 18 years old (if under 18, that person must be married or obtains permission from Supreme Court)

–       In written form

–       Signed by the testator under the witnesses of at least 2 people over 18

–       Assigning an executor to take care of the assets before their distribution

–       Clarifying the detailed distribution of the estate to heirs and beneficiaries: What is for Whom?

What is a Will?
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what is a Power of Attorney?
What is a Power of Attorney?

The authorized agent can be subjected to full or limited legal power to make decisions about the principal’s property, finances or medical care.

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