Overview
A Legal Will is a written declaration by a person, known as the testator, stating how their assets and property should be distributed after their death. It ensures that the wishes of the testator are honoured and that the estate is passed on to beneficiaries in an orderly and lawful manner. In India, making a Legal Will is the simplest way to avoid confusion and disputes among family members.
A Will can include movable and immovable assets such as property, bank balances, investments, jewellery, and personal belongings. It also allows the testator to appoint an executor who will be responsible for carrying out the instructions mentioned in the Will. A properly drafted Legal Will clearly identifies beneficiaries, specifies asset distribution, and includes necessary declarations to establish its authenticity.
Registration of a Will is not mandatory under Indian law, but it is advisable as it adds an extra layer of legal credibility. A Will can be made on plain paper and does not require stamp duty. However, it must be signed by the testator in the presence of at least two witnesses. The testator must be of sound mind and should execute the Will voluntarily without any pressure.
Drafting a Legal Will requires clarity, legal understanding, and foresight. At BizGlobal, we help individuals create clear and legally valid Wills that reflect their intentions accurately. Our team assists in drafting, reviewing, and optional registration of Wills, ensuring compliance with Indian laws and reducing the risk of disputes among heirs in the future.
