Services For You http://bunchofservices.posterous.com Services On Demand. Have A Look For Service That You Are Looking For. posterous.com Mon, 12 Mar 2012 02:02:00 -0700 Is It Necessary to Make a Last Will and Testament http://bunchofservices.posterous.com/is-it-necessary-to-make-a-last-will-and-testa http://bunchofservices.posterous.com/is-it-necessary-to-make-a-last-will-and-testa

Though, making a will is important, you are not really required to make a Last Will and Testament but it is most certainly something that you must do. Creating a well thought out will is a great way of working out some individual responsibilities by taking control for what happens to your property, real estate, assets and, in few cases, children after your death.

A lot of people feel that they are not required to make a Last will and Testament. Although, whether you are a person of very modest means or someone with a lot of property to distribute, writing a last will can be a great idea.

There are a lot of benefits of making a will. In particular, a Last Will:

  • Via simple instructions, it allows you to dictate, how you want your debts settled, who will pay inheritance tax and how your assets will be distributed after your death
  • It allows one to select a representative to wind up your affairs
  • It helps one to appoint guardians to take care of kids after your death
  • It allows one to make property management arrangements to cater for young beneficiaries who shall inherit your property after few years

Apart from the aforementioned, a well thought out will gives peace of mind. If you are above 18 years and have even minor assets, the time is right to make a will.  You may also take help of professional service providers in making a will to avoid many hassles.

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Tue, 22 Nov 2011 03:50:00 -0800 What You Need to Know About Making a Will http://bunchofservices.posterous.com/what-you-need-to-know-about-making-a-will http://bunchofservices.posterous.com/what-you-need-to-know-about-making-a-will

Once you have family, assets and other connections to your life, you will need to start preparing in case something happens to you.  Knowing what steps to take with making a will ensures that you are able to get the right assistance in preparation for passing away.  When you start to move in this direction, you will need to find the right help to make sure that the assets you own are given to the right beneficiaries and that your funeral preparations and other wishes are fulfilled after your passing. 

You want to start making a will by knowing the outline to include for those who know you and are involved in your passing.  The last wishes begin with creating options for your funeral so you can be remembered how you were seen in life.  If you have property, estate and other assets, then you will also want to let others know who these will go to. You have the ability of dividing these among family and friends while helping others to understand the percentage that is available for the family after your death. 

When you are putting together your last wishes, you will want to go a step further from a basic written testament.  Involving third parties with your will is essential, especially if you have a large number of assets and interested beneficiaries.  Hiring a power of attorney to overlook your needs allows you to get the right approach to the needs you have while allowing you to be assured of the division of your assets.  These individuals have the ability to step in with your will while creating the right mediation with those involved in your will. 

If you decide to use a power of attorney with your will, then you will want to define the responsibilities they have for your wishes.  You can begin this with defining them as a witness for your will.  You can continue this with giving them mediation rights over your assets and the beneficiaries that are involved.  You have the ability to limit their powers by delivering messages or can ask for extra provisions to be taken in case complexities arise. By having the right powers attributed to a third party, you will guarantee that the assets you own will go to the right individuals. 

Looking at different alternatives for passing away begins when you have assets and family that is involved with your needs.  Making sure you have the right setup with the different needs you have allows you to create the right responses after your death.  Knowing what is involved with hiring an attorney and writing out your last wishes is the beginning to clarifying your last wishes. 

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