What is a Will?
“will” means a declaration intended to have legal effect of the intentions of a testator with respect to his property or other matters which he desires to be carried into effect after his death and includes a testament, a codicil and an appointment by will or by writing in the nature of a will in exercise of a power and also a disposition by will or testament of the guardianship, custody and tuition of any child.
In plain English a Will is –
a declaration by a will maker of his intentions on his death for
- the distribution of the will maker’s property, assets or other matters; and
- his intentions on the guardianship of any child of the will maker.
If you have been thinking of writing a Will but think you don’t have much property or assets or cannot decide how to divide your property and assets please note that a Will is also for you to name a guardian for your child.
Is the guardianship and upbringing of your child not important enough for writing a Will sooner rather than later?