How to make a will in India?
What is a Will? A Will is a legal declaration made on a document by a person describing how his assets will be distributed after his death. It is a one-time document that takes effect after a person's death and allows them to make informed decisions as to how their wealth, property, and assets will be distributed after their death. A will is a legal document, but there is no standard format for them since they can be typed or written on any document, not just stamp paper. The owner of a Will has the right to change or cancel it at any time before death. Considering "making a will" is morbid, so many of us don't approach it with the proper mentality. Why is making a Will Important? It is so crucial to have a will that it should be the first thing you do with your money. Especially in cases where your family structure is complex, and you wish to leave money to various family members, you should draft your WILL right now, not tomorrow or later. In India, for instance, ...