1.0 A will
• Any person can write a will at any time as long as they are of sound mind, above 18 and not been coerced to do so.
•
A person, may through his/her will appoint an executor. This is someone
named in a will who has the legal responsibility to take care of a
deceased person’s remaining financial obligation e.g disposing property,
paying bills, taxes, etc.
• Takes effect after death of the maker (testator/testatrix)
• It’s a mere intention of the maker – can be amended but only by the maker during their lifetime.
• Can deal with property acquired after death of maker (ambulatory)
Advantages of Making a Will
• The deceased can exercise control over property
• Avoiding courts from determining who is entitled to property
• Persons outside family can have property
• The deceased can decide on how he/she can be disposed off
2.0 Invalid Wills
• When the maker of a will lacks knowledge and approval of a will, the will is as if it was not made at all. This is because of;
• Fraud/forgery
• Coercion
• Mistake /duress/undue influence
3.0 Oral Will
• Is valid only if;• Made before 2 or more competent witnesses• The maker dies within 3 months of making it
• In making its decision the Court will consider:
• the nature and amount of the deceased’s property• any past, present or future income from any source of the dependant• the existing and future means and needs of the dependant• whether the deceased had given any property during his lifetime to the dependant(s)• the conduct of the dependant in relation to the deceased• the situation and circumstances of the deceased’s other dependants and the beneficiaries under any will• the deceased’s reasons for not making provision for the dependant.
• the wife or wives, or former wife or wives, and the children of the deceased whether or not maintained by the deceased before his death;• the deceased’s parents, step-parents, grand-parents, grandchildren, step-children, children whom the deceased had taken into his family as his own,• brothers and sisters, and half-brothers and half-sisters, who were being maintained by the deceased before his death• Where the deceased is a woman, her husband if he was being maintained by her before her death.
• Use a codicil, which is a document that changes, revokes or amends parts of will or the whole will• Make a new will that completely revokes an earlier will• May tear, cancel or burn the will
• No alteration made in a written will shall have any effect unless the alteration is signed and confirmed. • Revival of will: A revoked or part of a revoked will can revived by codicil or a new will. To revive by a codicil, the revoked will must be in existence that is, not destroyed. The codicil must show an intention to revive.
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