10 Important Facts To Know About Your Will
Only an original and signed Will is valid
The Master may decline your choice of Executor, the co-appointment of an approved professional is paramount
Your Will only deals with life cover that pays your Estate, thus your Will and life cover Beneficiary nominations must compliment each other
If you do not create a Testamentary Trust for your minor Children, their inheritance could go to the Government Guardians Fund or their Guardians
Guardian nominations are only applicable when there is no surviving biological or legally appointed Parent
Guardian nominations are only a wish, these nominations should be aware of and happy to accept such an appointment
No one can inherit until all debts, fees, taxes and marital contract claims are settled, regardless of what your Will says or even if you have no Will
You can use a Will to document your last wishes but these are only wishes and may not be enforceable, albeit they are likely to be honoured
To be an Organ Donor you have to register with the Organ Donor Foundation for this wish to be effective
You cannot cater for every eventuality, thus it is better to keep it simple and up-to-date as your circumstances change
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