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FLAG Legal Wills Layout 1 27/06/2014 09:00 Page 1July 2014wills and intestacyFLAC Legal Wills Layout 1 27/06/2014 09:00 Page 2wills and inter tachyon may also be interested in FLAG's leaflet on 'Probate
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How to fill out wills and intes tacy
How to fill out wills and intes tacy
01
Start by gathering all the necessary information, such as your personal details, assets, debts, and beneficiaries.
02
Decide on the distribution of your assets, including who will inherit which property or possessions.
03
Appoint an executor who will be responsible for carrying out the instructions in your will.
04
Consult with a lawyer or use an online will-making service to draft your will.
05
Clearly state your intentions and wishes in the will, such as guardianship of minor children or charitable donations.
06
Review and revise your will periodically to ensure it remains up-to-date with your current circumstances.
07
Sign and date the will in the presence of witnesses who are not beneficiaries or related to beneficiaries.
08
Store the will in a safe and accessible place, and inform your executor of its location.
Who needs wills and intes tacy?
01
Anyone who wants to ensure their wishes are carried out after their death should consider having a will or intestacy plan.
02
Parents with minor children may want to name guardians for their children in their wills.
03
Individuals with substantial assets or unique distribution requests may need a will to ensure their wishes are followed.
04
Without a will, the intestacy laws will determine how your assets will be distributed, which may not align with your preferences.
05
Having a will can help minimize disputes and family conflicts that can arise after your passing.
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What is wills and intestacy?
Wills and intestacy refers to the legal process of distributing a person's assets after they pass away either according to their will or according to the laws of intestacy if there is no will.
Who is required to file wills and intestacy?
The executor or administrator of the deceased person's estate is required to file wills and intestacy.
How to fill out wills and intestacy?
To fill out wills and intestacy, the executor or administrator must gather all relevant information about the deceased person's assets and debts, distribute the assets according to the will or intestacy laws, and file the necessary paperwork with the court.
What is the purpose of wills and intestacy?
The purpose of wills and intestacy is to ensure that the deceased person's assets are distributed according to their wishes or according to the laws of intestacy to the rightful heirs.
What information must be reported on wills and intestacy?
Information such as the deceased person's assets, debts, beneficiaries, and any other relevant details must be reported on wills and intestacy.
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