In legal Phrasing, Will is a legal declaration in the form of a document and in certain cases oral in which the owner of the property or something of value transfers it to somebody else or in other words makes the other person owner of the estate (property). Failure to prepare a will might leave your family and friends in trouble, other than the fact that you lose your right to distribute your estate on your terms and as per your wishes; issues arise in your family after you die intestate (without a will). The court and the state deal with your estate in the absence of a Will, which might not be so smooth.
In a world of predetermined notions, a person can prepare a will himself after adhering to the prescribed format and other requirements of the state or he can approach an attorney for the same. A person doesn’t need to approach an attorney; with the help of various software available at one’s fingerprints, it’s possible to get the task done by oneself.
It’s advised that a person reviews his/her will every two or three years, just in case some additions or alterations are required. Over some time after a person makes a will, he might acquire additional property or loses some, some family dispute arises or the beneficiaries predecease the person; under all such situations reviewing the will helps.
Coronavirus, an infectious disease caused by a new virus, with symptoms such as cough, fever, difficulty in breathing; which has taken a toll on the world is killing thousands of people every day. With such an eventuality around us, making a will becomes important. Will, as we already know deals with the estate after one dies. In these hard times, when the virus is evitable and there seems to be no definite cure of the deadly Coronavirus, it becomes essential for a person to think about his property and his family. A properly documented will helps your family settle disputes smoothly without intervention from the state. In the absence of the same, it will be dealt with by the state according to the laws of the state.
Will holds prominence in a person’s life, as the destiny of the hard-earned wealth of a person depends wholly on that single declaration. If he doesn’t make a will, he loses one of his most important rights and the desires he might be having in regards to his property distribution goes futile. There have been instances when the family of the deceased faces the state and the court when the will gets challenged by relatives in case it’s not properly drafted or not drafted at all. In a country like India, where a huge population resides; people seem to be ignorant when it comes to will-making. Now, when the whole world faces the pandemic COVID-19, which is spreading like fire in the forest and there seems to be no cure for now; we must know the importance of a will. All the lawyers and people aware about the subject shall urge the people around them to draft a will themselves or contact a lawyer for the purpose so that in future disputes do not arise in these cases.