What is a Will ?

A legal document in which you declare your wishes in writing for your loved ones and how to distribute your assets after you pass on.

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Can't I leave the distribution of my assets to the law ?

Yes you can but you may not like the way the Distribution Act 1958 (as amended by the Distribution (Amendment) Act 1997) (“the Act”) determines how your assets are distributed and the lengthy and arduous process.

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When you do not write a Will, you are in effect letting distribution follow what is stated in the Act. This is called intestacy and requires an application for a letter of administration which takes a longer time because of additional legal requirements to be complied with.

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With a Will, the time to complete distribution is considerably shortened and you avoid the need for sureties/guarantors and the need to search for and agree on a reliable administrator. You can also ensure that the welfare of your children are taken care of by appointing a guardian while you still retain control over your assets even after writing your Will.

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