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The“Homemade”Will
from Salus Well Being Magazine - Complementary Issue - “The most precious good of this life is health!”
A Will to distribute your estate may seem smooth and straightforward. Despite being the most important legal document, one may disregard doing it professionally or doing it for yourself (DIY), which I have coined the “Homemade” Will.
DIY Wills, “Homemade” Wills do not hold up in court. In a court’s decision with an invalid Will, the default is to revert to an earlier Will or declare intestate.
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Yes, there may be successful “Homemade” Wills, nevertheless, is it worth the risk and are you willing to take it when distributing your estate. Consider the following worst-case scenarios when considering a “Homemade” or DIY Will.
1. The Will is Not Correctly Executed.
2. There are Claims Made Against the Estate.
3. There is Uncertainty Over the Will.
4. The Estate is Not Disposed of Correctly.
5. The Assets are Not Dealt With Correctly.
6. Taxes are Not Considered.
Do you want to make things easier or harder for your loved ones after your passing?
Do you want to risk your Will (“Homemade”/ DIY) causing more pain and heartache in event of your passing?
