Right Will - VakilSearch
Right-Will is an attorney approved legal form for making your will. It comes with a detailed guide book for making a legal will, a sample will, and a legally approved will form. Use the guide book and sample will to understand the requisites of a will. Fill the will form with your asset information, beneficiaries, executor and sign it in the presence of two witnesses and the executor. Note: Registration of wills is not mandatory in India.Why You Should Make Your Own Will:
- To Avoid family disputes: When you pass away without a Will, your estate can be a root cause of dispute among your family members. These disputes might break your family. A categorical division of assets will ensure peaceful distribution of assets.
- To ensure guardianship of minor children: If you pass away before your children are adults, not having a proper guardian might jeopardise their future. You can appoint a guardian only through a Will otherwise the court appoints guardians which are as per the law.
- Having a Will reduces legal complications: Protect your loved ones by writing your Will so that your relatives or strangers cannot claim false stake in your assets and money. It can take upto 5 years for your family members to get your assets in the absence of a Will.
- To control who receives your assets: If you pass away without a Will, your assets are passed to your successors as per the laws of inheritance and not by your choice. By making a Will, you choose who gets a share in your estate after your demise.
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