A parent would want their children to live their best life even after their death, and that is why most people write a will so that their child can inherit the properties and assets that the parent had left with. A leading Sydney wills and estates lawyer explains, in the case where a parent dies without writing a will, there are legal procedures on how a will of a person who died should be distributed. This is something that a parent would not wish to happen because they would want their family to make use of their will.
Usually, a will is considered a written document by a conscious person who has certain wishes and grants that the person wants them to be executed on their demise. Often it will include properties, asset distribution, and wealth of a person, but it differs according to every person. A wills and estates lawyer in Monroe, NC will be able to provide legal help if you are finding trouble with a will.
Here are the crucial reasons why you need to make a will:
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Future arrangement for children
Death can be uncertain, and you cannot expect an unfortunate event since it is bound to happen someday. Connolly Suthers lawyers in Cairns note that as a parent, you have to make adequate arrangements for your children to secure and not suffer financially after your demise.
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An unmarried partner cannot inherit
You might have wished to spend all your life with your partner, and due to an accident, if you had fallen sick and passed away, your partner cannot inherit your properties or belongings since you are not married and did not write a will for your partner. Even if you had not married, writing a will would support the inheritance of properties to your unmarried partner.
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Possession distribution
In the event of a divorce, you and your partner might have separated from each other, and so you need to make a will so that your properties and possessions are distributed according to your wish only. If not, chances of your ex-partner claiming your possession after your demise are possible. Hence, it is better to make a will upon a divorce. Although not all separated partners might do such fraud, it is better to prevent such activities.
Therefore, making a will can be essential, especially if you have children and family to be taken care of after your demise. It is said that the will must be made only by the testator (who is writing the will) and should be either handwritten or typed.
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