11 August 2015
Fixed-assets
What is a Will?
What is a Will?
A Will is a legal declaration of the intention of an individual (testator) with respect to his property, which he desires to be carried into effect after his death. It includes additions and supplements, making a voluntary posthumous disposition of property. A Will is intended to come into effect after the death of the testator, and is revocable by the testator at any time during one’s life time. A Will can be changed by the executant as and when he so likes. It is a secret and confidential document, which the executant is never ordered to produce.