Four Major Consequences of Not Having a Last Will

 

Have you ever thought about your own death and what will happen to your assets once you are gone? If not, you are not alone! Most people don’t think about their own death nor do they think about their assets. And that’s a fundamental mistake people make. Once you die, you won’t have a say in what happens to your property when you are gone. But you have earned your assets with hard work and dedication. And hence, you should be the one who decides the rightful heir to your assets. You can do so by drafting a will with the help of a will consultant. 

If you still aren’t convinced about why drafting a will is important, here are a few consequences of not drafting a will.

• As mentioned above, without a will, you will have no right to decide who inherits your estate. Maybe someone you never wanted to inherit your assets becomes the sole owner. And when you don’t want that happening while you are alive, you certainly won’t want that after your death.

• If you live with a partner but aren’t married, without a will your partner might not be left with anything. Also, if you haven’t updated your will after your previous marriage, your previous spouse might end up with everything that you own.

• Your family can fight over who gets what after you are gone. These fights are agonizing and break your family. And you certainly don’t want that.

• Without a will, the court will appoint an executor. The whole process can take years and result in delayed distribution of your assets.

So, make sure you draft a will. And you can do so with professional consultation from Capital Legacy.

Capital Legacy is a prominent firm that provides professional consultation and drafting services for wills and estate planning. The firm makes it easy for anybody to get a will consultation. And you don’t have to go to their office, instead, their professional consultants will come to you. All you need to do is book your appointment with them. The firm doesn’t charge you for basic will consultation. Whether you are changing your will or drafting a new will, the firm will make it easy, simple, and hassle-free. Contact Capital Legacy now and draft your will.

About Capital Legacy:

Capital Legacy is a leading firm that provides last will and testament consultation and drafting services in the region.

For more information, visit https://www.capitallegacy.co.za/