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Avoiding pitfalls: how to draft a legally sound will
The Citizen
|February 26, 2025
Drafting a will is crucial in protecting your legacy, yet many overlook key legal requirements, leading to disputes or invalidity.
A poorly drafted will can cause confusion, unintended consequences, and costly legal battles.
Below, we have outlined some valuable points:
Know what your intentions are: Before drafting your will, it is important to be clear what your intentions are. Who do you want to distribute your assets to? Are there relatives you don't want to inherit from your estate? Do you have any special needs children you wish to provide for?
Select your executor carefully: Select your executor with care. While appointing a close friend or family member may seem natural, it does carry risks.
Relationships evolve, illness or death may intervene, and family dynamics can create conflict.
An executor should be able to act impartially and manage your estate efficiently. Ideally, choose someone with financial and legal expertise who is independent of your inner circle, ensuring fairness and professionalism in executing your final wishes.
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