Why Wills – The Problem of Intestacy
Introduction
Many people are dutiful in writing wills. But they often do so under the wrong assumptions and without an understanding of the chief benefits of writing a will. Namely, many people assume that writing a will is the only way to manage and distribute one’s possessions after death. But this is not the case....
Trusts: An Alternative to Wills
What is a Will?
A will is a legal instrument that permits a person to make decisions on how his possessions will be managed and distributed after his death.
What are the Disadvantages of Using a Will?
Wills are commonplace and many people think that they should assign and distribute their assets using a will....