Monday, April 9, 2012

Eliminate Ambiguity through Will Writing

What do you want your loved ones to do after your death? You would surely want them to remember you with a smile on their faces. So, it’s important that you take the assistance of a law firm or attorney for will writing. You would not want your family members or relatives to fight over your property after your death.
If you do not leave a will, there will remain an ambiguity about the distribution of your property. You family members, relatives and friends may argue about their rights and ownership over your assets and other properties. Your son may say that he has the ownership of your house and bank balance, whereas your brothers may claim your property to be their right. Through will writing you can make sure that your property distribution is done peacefully and there does not arise any ugly fight among your loved ones.
A renowned law firm or attorney will help you in all the process of will writing. They will explain you in details about all the procedures and technicalities involved. Even if you want to create your power of attorney, they will help you in the same. There may be times when you have to go out of the city or country due to various reasons for a long period of time. You may not want your business to suffer in the meanwhile. There are various businesses, financial and legal decisions which are to be made. So, you can create power of attorney in the name of your most reliable person.
If you feel that you can rely on your son or a particular business partner, you can give them the power to take all the vital decisions in your absence. There may be times when you do not want to extend all the rights to the person, and desire to offer limited rights, like taking business decisions. You can get it clearly mentioned in the power of attorney. So, the person receiving it cannot outdo their rights and can take decisions about the areas which are stated by you.

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