4 Reasons Why should You Draft a Will?


Bangalore: Heena a resident of Pune, witnessed few terrible moments of her life. She, along with her two kids have been struggling to access what is rightfully theirs. Heena's husband Zuber didn't leave a will and had not named a nominee. The series of ups and downs of not just losing her husband but also not being able to withdraw money lying in his bank account or access his other investments left her devastated. She couldn't access any of his bank accounts, or carry out any financial transactions till the bank was satisfied that there are no other claimants. After reading her story no one would want to see their loved ones suffer. Avoiding family disputes, revealing important information, minimizing possible legal issues, and minimizing taxes are some of the issues emphasizing the importance of writing a will. By drafting a will you ensure that your belongings will go to the desired beneficiaries. Let's take a look at the major reasons for drafting a will. Puts An End To Family Disputes
5 Reasons Why should You Draft a Will?
At times when there a doubt that the will is not completely legitimate the court allows a will to be contested. This kind of a scenario rarely takes place, in case where the person was suffering with health issues was not in proper mental set up at time the will was drafted and was influenced by other members residing with him. Most often at such time the relatives play a active role by claiming for your assets you didn't leave in the document. Whereas a well written will can limit family arguments.