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WHAT IS A WILL?

A will is a very important basic document in the whole conspectus of inheritance. The importance of a will is often undermined or ignored by individuals and they therefore shy away from making a will, probably in the belief that things and situations have the inbuilt ability to resolve themselves.

Even a will cannot transgress substantive and procedural requirements of the law , therefore, some basic concepts regarding wills need to be discussed.

A will indicates how and in what proportion and manner, an estate is to be distributed. It tells the executors appointed under the will as to act as per the bequests in the will to carry out the wishes of the testator. Wills fall within the realm of what can be called private voluntary legislation.

Some terms as to Wills would be significant here.

A Will is the legal declaration of the intention of the testator, with respect to his property, which he desires to be carried into effect after his death. In other words, a Will or a Testament means a document made by person whereby he deals with disposition of his property, but such disposition obviously comes into effect upon the death of the testator.

WHAT IS A CODICIL?

WHO IS AN EXECUTOR OF A WILL ?

Executor is the legal representative for all purposes of a deceased person (testator) and all the property of a testator vests in him or her until the property is divided and distributed amongst the heirs and other persons to whom it has been bequeathed.

WHO IS A TESTATOR? WHAT ARE THEIR DUTIES?

Testator is a person making a Will and executing it. It is the duty of the testator to deal with the directions in the will and distribute the estate according to the bequests. An executor may or may not be one of the beneficiaries under the will.

WHAT ARE THE ESSENTIAL CHARACTERISTICS OF A WILL?

Legal Declaration :

Disposition of Property :

DEATH OF THE TESTATOR:

RECOVACBILITY: Every Will is revocable during the lifetime of the testator.

Language of a Will : A Will can be written in any language and no legal words need to be used in a Will, however the words used should be lucid and unambiguous so that the intention of the testator is reflected in the Will.

STAMP DUTY : No stamp duty is required to be paid for executing a Will or a codicil. A Will, therefore, need not be made on stamp paper, nor does it require compulsory registration.

Attestation : A Will must be attested by two witnesses who must witness the testator executing the Will. The witnesses should sign in the presence of each other and in the presence of the testator. This is to avoid any controversy as regards execution of the will. The witnesses need not know the contents of the will. Only that what they are attesting to is the testator signing the will in their presence.

Under Parsi and Christian law, a witness cannot be an executor or legatee. However, according to Hindu Law, a witness can be a beneficiary or a legatee. This is because the concept of joint or coparcenary property prevails amongst Hindus. A Muslim is not required to have the Will attested if it is in writing.

REGISTRATION OF A WILL:

PROCEDURE FOR REGISTRATION OF WILL:

REVOCATION AND AMENDMENT OF A WILL: 

PROBATE AND LETTERS OF ADMINISTRATION:

EFFECT OF GRANT OF PROBATE:

IMPORTANT POINTS TO BE NOTED DURING THE MAKING OF A WILL: