Eliminate Family Disputes
By listing and allocating each and every property to beneficiaries with right succession method
What is a Comprehensive Will
When the individual has a vast list of properties, covering multiple units under each property type, and also the beneficiaries are more than one. In such scenarios, if the individual is willing to spend the time and effort, he/she can plan and choose a COMPREHENSIVE WILL. As the name implies, it has all the details, how much power is vested to each beneficiary
what share would be assigned, what is the timeline of succession, etc. In case of minor-s, the guardians’ list and the specific clauses for wealth and property succession can be detailed here. Due to the time factor involved there is scope to discuss with legal advisory.
What does a
Comprehensive Will cover?
- Testator / Testatrix detail
- Beneficiaries Details
- Guardian details (in case of minors)
- Debt and Funeral details
- Property allocation at each property level
- Allocate any household items
- Option to choose succession pattern
- Custom succession message (if needed)
- Manage Draft Wills
Know more about Comprehensive Will
The best futuristic financial planning decision a person can take is to plan and draft a WILL when there is the time and opportunity in hand. A COMPREHENSIVE WILL involve multiple parties and multiple properties, which makes it very tricky, due to the complicated nature of the facets involved. It is highly recommended to use expert legal advice to narrow down the paradoxical scenarios and prepare smartly. The testator can include all his current assets of all types and any future assets that are in the process of acquisition. There will be ample time to do more research and alter the WILL as per choice.
