Anyone of you have any idea about will writing or have made a will. What would be the best way?, go to a lawyer and get it done or....
Please advise as I want to make one just in case something bad happens.
Have you written your WILL?
Have you written your WILL?
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Mar 5 2010, 09:47 PM
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#1
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Senior Member
819 posts Joined: Jan 2003 From: Puchong |
Anyone of you have any idea about will writing or have made a will. What would be the best way?, go to a lawyer and get it done or....
Please advise as I want to make one just in case something bad happens. |
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Mar 6 2010, 10:46 PM
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#2
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Senior Member
819 posts Joined: Jan 2003 From: Puchong |
Thanks for all your feedbacks. I did some searching and it looks like it is not so difficult to write out a will but it can be tricky with the wordings.
The one question that is still in my mind is must we have two witness with no relation?. What happens if these witness are not around any more or dont end up helping later on. If we go to a will writing agent or a lawyer the same can happen, they may be not around when we need them? |
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Mar 6 2010, 11:17 PM
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#3
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819 posts Joined: Jan 2003 From: Puchong |
The way I see it without a will if you have dependants like a wife and young children it makes thinks very difficult for them. There is no question that you need a will so they wont have difficult times upto 2-3 years to get a LA or etc. Putting the will into efect also involves the courts and lawyers. It looks like getting it done via a lawyer yields some benifits.
For me very simple, I want all my estate (properties + moneys + car + etc) to go to my wife 100%. My kids are minors (young) and if my wife is not around too then to give all to my 2 kids equaly. If a guardian needs to be apointed for my kids in the event my wife is not around then to state my elder sister. All my estate will go to my kids when they are age 18. I am an average joe, we are not talking millions here or anywhere near it. Added on March 6, 2010, 11:41 pm QUOTE(3dassets @ Mar 6 2010, 11:08 PM) I am one of the will witness to my friend he composed himself from downloaded samples, the assets worth 3 million and he got only one daughter that all the family member is at their 50 - 60, very simple and everything goes to the daughter should anything happen. so no need professionals. I guess it would be simple but it also depends that the daughter is not a minor. In my case I have 2 daughthers which are minors and it can happen that me and my wife could be not around when they still are minors. Then need to apoint a guardian or trustess etc.This post has been edited by gsdev: Mar 6 2010, 11:41 PM |
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