Get Yourself Some ‘Will' Power

A will is the only tool that helps plan distribution of your assets after your demise. Neeti Jaychander gives you the lowdown

- Neeti Jaychander

To paraphrase a famous quote by Benjamin Franklin—nothing in this world is certain, except death and taxes. It may be unpleasant but it is the truth. While you may not be able to control when and how your life comes to an end, you can certainly decide how your assets are distributed after your death. If you’re wondering how to go about preparing your will, we have some pointers to help you out.

What is it?

Lawyer Sulagna Narayan says, “A will is a legal declaration of a person’s intention that she seeks to have performed after her death.” Once made by the testator (the person making a will), it can only be revoked during her lifetime.

Why do I need it?