Archive for: ‘July 2018’

Why Should You Get Legal Help For Your Will

July 13, 2018 Posted by Scott Chon

Planning to write your will while you are competent on making the important decisions is something that is really essential especially if you have a considerable amount of property that you would like to see distributed among your loved ones, or dedicated towards a cause that you believe in. while coming up with the idea to write a will could also make you think about the uncertainty of life it is something that is very real and cannot be dismissed anyway. However if you are going to compile a will there should be accuracy in it that can only be accomplished by having the right legal help. You may think that you can check some facts online and compose your own will (which you can) but it may or not be competent in a court of law. Here are the reasons why you should think about getting legal help for your will writing process. 

It needs to be valid in court

Your will has to hold up in court. If not the law will simply dismiss it as an incompetent will. You can do any amount of research and do the writing but you will still have no definite way of knowing whether what you have made is something that adheres to the legalities that exist in the state that you are living in or your country. If you can get the help of your family lawyers Melbourne for this purpose, they will be in a much better position to help you compose a will that will easily be held as valid in a court of law.

It will avoid complications down the line

If you have a business or businesses that you wish to divide among your children or your grandchildren you will have to make sure that you do correctly. If you can get some perspective from better commercial litigation lawyers they will be able to guide you on what you should and should not include in your will. In addition to that, having legal help with your will would also mean that your loved ones would not have to face contesting for the will in court and the likes.

You will know which property you can give away

Even though you may have a lot of property under your name it is not necessary that you will be free to give away all of that. This is very true when it comes to things like businesses with shareholders, trust funds and insurance beneficiaries. Having the right legal advisory can really help you out in this case.