Tommorrow is never guaranteed. Why it is important for you to make a will?

TOMMORROW IS NEVER GUARANTEED. WHY IT IS IMPORTANT FOR YOU TO MAKE A WILL?

It is a sad truth but known to all of us that none of us are promised tomorrow and as scary as it seems death is inevitable. Most Zimbabwean adults do not have a will (THAT IS CRAZY).Your loved ones are depending on you to make a will even if you don’t own multiple homes or consider yourself wealthy.

A will is the last gift you’ll leave your family and loved ones. It will make the management of your assets clear and simple for everyone involved. If you don’t have a will in place when you die, there’s no guarantee your wishes will be followed.

Dying without a will puts an unnecessary strain on your family. Not only will they be grieving, but they’ll also be dealing with the mess you’ve just left them—potentially for years. And they’ll be stuck with a pile of legal fees to get it all sorted out. Basically, when we fail to make a will, we’re not putting our loved ones first. Honestly, I would like to believe we can do better than that!

How to make a will

You can make a will by yourself but I would recommend you find a lawyer to avoid any mistakes and for your will to be invalid.

  1. Decide what property to include in your will.

This is simple .Gather up all the property you own and the paper work; it might be houses, cars or even furniture in your house.

 

  1. Select your Beneficiaries.

Beneficiaries are the people that you want to gain from your will. These can include your spouse and your children even your extended family if you so wish.

Next, you’ll decide how your assets will be distributed and who will get them. Consider all the possibilities and plan accordingly. You can leave an equal percentage or specified dollar amount to each of your children as you see fit. Whatever decisions you make, write them down in the will.

  1. Choose an executor for your will.

 

The executor is the person who will read the will and see that your wishes explained in the will are carried out.

 

You want this person to be especially level-headed, ethical and accountable—someone unable to be intimidated by strong-willed family members. You may want to choose one of your adult children, a family friend or an attorney to be your executor. Normally, they will be paid for this duty out of the funds in the estate. Also, be sure to choose a backup candidate, just in case.

 

  1. Name guardians for your children.

 

If you have children who are minors, you need to decide who their guardians will be.      Who will take care of them after you’re gone? If you have the means, you can even make provisions to compensate the person taking on this responsibility.

 

  1. Sign your will in front of witnesses.

 

Be careful and don’t make this mistake! A written will is not valid until it is signed by you (the testator) and dated in front of two witnesses. Also make sure that the witnesses are not gaining anything from the will otherwise they will be disqualified as witnesses.

 

  1. Let people know beforehand.

 

It’s a really good idea to alert everyone involved ahead of time that you have put a will in place in the event of death. For the executor and guardians, be sure to get their permission before tagging them with these responsibilities. They certainly need to be capable—but also willing—to carry this load.

 

  1. Store your will in a safe place.

If you do not have an attorney it is important and recommended that you keep your will in a file with all your other important documents. Make the will accessible to your executor upon death. It is generally recommended that the will be kept safe by an attorney.

Each country has its own laws when it comes to settling the affairs of someone without a will. If you don’t have one or if it’s determined to be invalid because it wasn’t signed or done the right way, a judge will appoint an administrator. Usually, they appoint the spouse and then the children to serve as a personal representative, but it’s not something you really want to leave to chance, is it?

Regardless of how you do it, making a will is something you need to do, no matter what stage of life you’re in. The truth is, we’re all going to die someday. So, why not leave a legacy of intentionality and generosity as your final, most meaningful gift you give to your family?