Do You Need A Will?
Nov 24th, 2007 by Editor
Many people still think they do not need a Will yet. Why? Is it because :
a. I’m still young?
b. I don’t have much possession?
c. When I die my property automatic transfer to my family member?
d. Have not thought above it yet?
e. I will only write a Will when I am about to die?
But here are some questions to ask yourself if you really need a Will.
1. Do you think it is important for your family to obtain your assets that will help them pay up expenses as soon as possible when you pass on?
2. Do you prefers your assets to be distributed according to your wishes?
3. Is it important to choose a guardian for your young children, in case you & your spouse passes away together?
4. I don’t want my money and assets to be frozen for years during the probate process.
5. Do you intend to give some assets to a charity, ( individual or institution)?
6. I have properties and bank accounts under joint name.
7. I don’t want my family and relatives to fight or argue over my assets.
8. I have a “special child” that needs more funds to look after him or her.
9. I have substantial assets and would like to slowly give it to my beneficiaries rather than one lump sum
Your Answers
If you answered”Yes” between 3 to 5 questions above, then you need to write a Will
If you answered “Yes” to more than 6 questions, then it is pretty urgent to have a Will written immediately.
Contact us to find out how to write your Will