Info on Legal Wills
This, for all intents and purposes, is what you will use to ensure that everything goes smoothly after you die.
Even though it can be a tricky idea to consider something as far off as that, it is certainly a brilliant idea to be prepared for the worst.
A will must be published.
This basically means the the makers of wills must identify themselves as such, and obviously say a will is being made.
This is typically looked after by simply writing "last will and testament" on the 1st page.
The maker must also revoke all prior wills.
If this step is not taken, the earlier wills can only be partially revoked at inconsistencies.
The simplest way for the prior wills to be completely revoked in this situation would be having the new will absolutely inconsistent with the old one.
The maker also must show that he is prepared is willing and able to distribute and disperse the property in question.
The signature must come at the very end of the will.
Any text following the signature is considered void, and won't be valid.
Wills can be written by any person over the age of majority.
This is the age at which somebody is considered an adult, and it varies from province to province.
This is also the time when an executor of the will is allocated.
Usually , the executor is allocated by the maker of the will, and is supposed to take the document to court, and carry out the directions on the will.
The executor should also take care of disbursing property to the beneficiaries, finding other potential successors, picking up and organizing for the payment of estate debt, as well as several other duties that rely on the will.
Also keep in mind that a will is not the same as a living will or an enduring power of attorney, two other common estate documents.
Both of those forms take effect whilst you are still alive.
Wills only come into play after death.