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What Should I Know About Making A Will?

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In order for a will to be valid:

It must be written that is signed by you and witnessed by at least two other people.
You need to have the mental ability to formulate the choice and be aware of the impact it can have
you have to have done the decision voluntarily and without any pressure by anyone.

The initial portion of the will should say that it is revoked by all other wills. If you’ve had an older will, it is best to erase it.

The will must be signed and witnessed by a witness.

When making a will, it is essential to sign it before two witnesses. They must be present to sign the will in your presence. Hence, the three witnesses must be present when they sign. If the will is not signed correctly the will is invalid.

In the event of a will’s beneficiaries, spouses or civil partners are not allowed to be witnesses or else they forfeit their right to inherit. Beneficiaries shouldn’t be present in the room where the will is being signed. It is also not recommended to request an executor to be witnesses.

In light of the coronavirus pandemic Due to the coronavirus pandemic, modifications have been made to the procedures regarding witnessing the wills. This allows for different ways of witnesses to be physically present in the same room at the time of signing the will.

Now you can legally witness the signing of a will:

by way of a window or an open door to a home or vehicle
from a corridor or an adjacent room to a room that has the door opened
outdoors for just a few feet such as in the garden
through a video conference.

A will is necessary when you suffer from an illness or are suffering from dementia.

If you’re not able to make the will yourself the will can be executed on behalf of you provided that you’re present and the document is signed at your instructions. You must however have the mental capacity required to sign the will, otherwise , the will is not valid. A will that you sign by you on behalf of yourself must include an acknowledgement that you were aware of the intent of the will prior to when the will was executed.

If you are suffering from an illness that is severe or have been diagnosed with dementia, you may still create a will, however you should be able to ensure that it is legal. Your lawyer should be aware that this is the case and you might require a medical professional’s signature when the will is executed, which certify that you have understood the terms you’re signing.

It is recommended to review your will every five years, and also after any major change to your life, such as having an upcoming grandchild or moving to a new home. Don’t make any modifications to the original will.

If you’re making a minor change in your will you may include a supplement, also called codicil. It must be signed and witnessed the exact manner as the will, however, the witnesses do not have to be identical to the original witnesses.

If you believe that something important requires a change then you should draft your will new and delete the old one.

Do I need to change my ways if I’m divorced or married?

If you are married, remarried or form the civil partnership, it is a way to cancel a will that was previously in place. Divorce does not automatically render a will ineffective if it was made during the marriage. However, it will disqualify your spouse as well as your civil partner from receiving benefits in the event that they’re mentioned as beneficiaries in your will. Make a new will in the event that you separate, marry or divorce.

If you don’t create your will, you’ll die “intestate” and your estate won’t go to the beneficiaries you wish to. There are specific rules regarding the way your estate is divided, these are known as intestacy rules.

If you have either a civil or a civil partner with children and children, your family member or spouse will be the beneficiary of everything you own and at least the initial PS250,000 in your estate, with half of the remainder. Your children will be entitled to the remainder of the remaining balance.
If you are married to an ex-spouse or civil partner however you do not have children, your civil partner or spouse will inherit the entire estate, including personal items.
When you and the spouse aren’t married, or in an civil partnership and didn’t make a will or a will, they do not have an automatic right to inherit your estate. This is regardless of whether you’ve been together for a long period of time or have children.
If your children are born and you partner or spouse has passed away, the kids will be the inheritors of everything shared equally between them.
If you don’t have a spouse or children, then siblings, parents, siblings and nieces and nephews could be the beneficiaries of your estate.