It saves arguments. If you die ‘intestate ‘ (without a Will) it’s a sad fact, since the assets you died leaving might have to be distributed the way you would have not wanted.
If you don’t make a Will, and you die, your property will pass to the relatives that the law dictates. But you may want to leave particular things to particular people.
The laws of intestacy almost certainly won’t help if you are not married to your partner – in that case a Will is not just desirable but essential.
The main thing is to plan in advance so that your property goes to whom you want.
In your will, you need to say who is going to be responsible for making sure your wishes are carried out. This person is called the ‘executor’. You can appoint more than one executor in your will.
Your executor does not have to be a relative but should be someone you are acquainted with so that in the event of the death they can be easily located by the family members.
Copyright © 2019 Caribbean Legal Services - All Rights Reserved.
Designed by Data2Info.co.uk
This website uses cookies. By continuing to use this site, you accept our use of cookies.