The formulation of a Legal Will is a crucial step in ensuring the deliberate distribution of your assets amongst family members and friends, in accordance with your specific desires for your Estate. Through a Will, you have the opportunity to appoint a trustee responsible for the administration of your Estate, designate a guardian for the care of your minor children, and secure the passage of your assets to your designated beneficiaries among many other important facets of Estate planning upon your demise.
In the absence of a Will, the distribution of your Estate will be executed in alignment with the statutes outlined in the Succession Act. This scenario often leads to distributions that may not align with your personal wishes, potentially dispersing your assets and wealth in an undesirable manner. Additionally, the lack of a Will can precipitate increased administrative expenses, elevate tax obligations, and heighten the likelihood of your Estate becoming embroiled in legal disputes.
It is our duty to inform you that the consequences of dying without a Will (intestate) can significantly affect the management and distribution of your Estate. To avoid such outcomes, and to ensure your assets are allocated according to your intentions, we recommend the timely preparation of a Will which will serve as a legal testament to your wishes regarding the disposition of your Estate, providing clarity and direction for the management of your affairs posthumously.
At Angelic Wills & Estate, our service leverages technology and templates to simplify the creation of Wills, providing a cost-efficient option. Angelic operates solely as a provider of document template services, not as a law firm and does not provide legal, financial, taxation, or other professional advice. Our services are intended to facilitate you in the creation of various legal documents based on standardised templates. However, we recognise that our service may not suit every situation which may include circumstances where the Will might be contested, cases involving individuals who may lack the capacity to make a Will, complex family dynamics such as blended families and intricate asset structures etc.
Angelic recognises the potential need for legal assistance in those circumstances and is equipped to arrange for a lawyer or legal practitioner to provide the necessary legal support. Should you find yourself in need of such legal guidance, require clarification regarding the content of your Will, or seek any additional information pertaining to legal documents, we urge you to contact us so we can book an appointment with our partner legal firm for an independent legal advice.
