Why is it important to have a Will?
Its all about choice and family protection.
You get to choose who will benefit from your Will – these are your beneficiaries.
You get choose who you want to deal with your estate – these are your Executors.
If you have any children under 18, you get to choose who will look after them (known as a Guardianship. Without a Will and named Guardian in place, your children will be made a Ward of Court and the Court will decide who will look after them.
Your Will protects your family and loved ones after your death and forms an integral part of your inheritance and intergenerational wealth transfer planning.
If there is no Will in place you lose this choice.
Without a Will, you are classed as dying intestate and then the laws of intestacy dictate who receives what, in what proportion and this may not be in line with your wishes and can lead to family disputes.
Making a Will gives you choice and peace of mind.
What is Probate?
Probate is the entire process of administering a person’s estate when they have passed away.
It is a common misconception that people think that if you have a Will probate is not required but generally if you own a property then probate will be required.
This involves organising their money, assets such as property and all other general possessions and distributing them as inheritance. Generally, all assets are frozen at the time of death until the Grant of Probate has been issued.
Kwa nini ni muhimu kuwa na Agano la Ndoa? Yote ni juu ya uchaguzi na ulinzi wa familia. Wewe kupata kuchagua ambaye atafaidika kutoka mapenzi yako <unk> hawa ni wapokeaji wako. Wewe kupata kuchagua ambao unataka kushughulika na mali yako <unk> haya ni Executors yako. Ikiwa una watoto chini ya miaka 18, unaweza kuchagua nani atakayewatunza. Ikiwa hakuna hati ya kumlinda mtoto wako, watoto wako watakuwa chini ya ulinzi wa mahakama na mahakama itaamua ni nani atakayewatunza. Urithi wako unalinda familia yako na wapendwa wako baada ya kifo chako na ni sehemu muhimu ya urithi wako na mipango ya uhamisho wa utajiri wa kizazi kwa kizazi. Kama hakuna Will katika mahali wewe kupoteza uchaguzi huu. Bila mapenzi, wewe ni classified kama kufa intestate na kisha sheria ya intestation kuamuru ambaye anapokea nini, katika uwiano gani, na hii inaweza kuwa si katika mstari na matakwa yako na inaweza kusababisha migogoro ya familia. Kufanya Agano hukupa chaguo na amani ya akili. Urithi ni nini? Probate ni mchakato mzima wa kusimamia mali ya mtu wakati wamekufa. Ni wazo lisilo la kweli kwamba mtu anaweza kuwa na Will na kuwa na Proof of Estate, lakini kwa kawaida, kama una mali, basi ni lazima kuwa na Will. Hii inahusisha kuandaa fedha zao, mali kama vile mali na mali nyingine zote za jumla na kuzigawanya kama urithi. Kwa ujumla, mali zote huhifadhiwa wakati wa kifo hadi Grant of Probate itakapotolewa.