A home made will is one prepared by the willmaker themselves, perhaps using a “will kit” and without without the services of a lawyer and the benefit of individual legal advice. This may seem an economical and convenient approach to will-making. While a lawyer’s costs are avoided at this step, there is the potential is …
An outline of a how a gift over works in a will. A gift over in a will is when the person designated to receive it has died, the gift then passes over to a substitute person, if so named to take.The substitute beneficiary only inherits if the main beneficiary has already died, not survived the deceased or died before attaining a vested interest.
Pets are like family but arrangements may not always be made for what to do with a beloved pet when their owner is no longer around. It is helpful to executors to consider leaving arrangements on what to do.
A will is a useful way make provision for the care and maintenance of companion animals. Various options are available, depending on individual circumstances.