Being appointed an
executor is a big responsibility and can sometimes be a
time-consuming task. Follow our practical tips below to make the
job a little easier for your executor.
Tip 1: Make a formal will
For a formal will to be valid, it must be in
writing and you must sign it in the presence of two witnesses.
Informal wills such as video recordings, letters
and text messages can still be declared valid, however getting to
that conclusion is costly and time-consuming for the people you
leave behind. A properly drafted will is certainly the best way to
avoid the host of problems that can arise from an informal
document.
There are no laws preventing you from making your own will,
however we recommend that you consult a lawyer with expertise in
estate planning.
