Assets You Can Pass To Your Loved Ones With A Will

  If you’ve ever been around lawyers, you might have heard them say the Latin phrase “Nemo dat quod non habet,” which means you can’t give something you don’t own. This principle is crucial when it comes to writing a will. In general, a person creating a Will, known as a Testator, can leave behind […]

Risky Methods Of Wealth Preservation And Transfer

In today’s fast-paced world, some people still use typewriters while others have embraced modern computers. Similarly, when it comes to preserving and transferring wealth, some stick to outdated methods, unaware of more effective alternatives. One of such more effective means is a Trust arrangement but before we get into that, let’s explore two of some […]

When Is The Right Time To Write A Will?

  When is the right time to write a will? Here’s a hint, long before disaster. Not when you’re old, not when you’re at the departure wing of life, if anything you should do it when you’re healthy and strong. Sadly, what obtains in our society is an apathy towards estate planning, with many seeing […]

How Property Is Distributed When The Owner Did Not Make A Will

So, the unthinkable happened and the unfortunate preceded it. A common tale with an all-too-common end in this part of the world. Our people, for a host of reasons, have a negative attitude towards will making and usually don’t leave anything written behind. However, since it’s so common it does beg the question, what does […]

Will (Testamentary)

A Will is a legal document containing the wishes of the maker with respect to how assets belonging to the maker devolve to certain people known as beneficiaries and/or how the assets should be used for the achievement of certain objectives. A Will is Testamentary because its takes effect after the death of the maker […]