All of our lives we work hard to make sure that our family never has to face a difficult time, but in the end we quickly forget about them. We are talking about preparing wills or last testaments that people almost always do not prepare or delay unnecessarily due to a psychological block. The psychological block is our inherent fear of death that is aggravated during the preparation of a will. The preparation of a will is almost an indication of our own mortality and that is something that none of us wants to accept.
But whether we accept it or not, our mortality is the only truth and we must keep the responsibility of taking care of our family with us. A will could save our family from a number of problems, some of which could be big problems that will take a lot of time and resources to solve. Let’s say, for example, that the most common form of problems that arise from failure to prepare a will is property disputes. Normal property disputes could divert large amounts of time and resources. Furthermore, there is no guarantee that the problem will be resolved in the stipulated time. Property disputes have been known to drag on for years and some even extend to the death of the intended beneficiary. This means there is a chance that your family may never get to enjoy the property that is rightfully theirs.
Does that statement depress you? But that is just the beginning, as there will be more and more problems associated with not having a will.
The next problem that could occur is the proper division of property and, in the case of common ownership of a property, the lack of a trust fund. These are legal disputes that again could put a strain on the resources of your family or loved ones.
Making a will is the best form of property administration since the division methods are expressly mentioned in the will. Without the existence of a will, chances are the beneficiaries or dependents will have a tough fight on their hands to secure their right to the property. Then there are the properties that have common ownership and for which you need to create a trust fund. But that again is not possible without the presence of a will or testament.
Make a will immediately, as this will not only ensure the peace and safety of your loved ones, but also give you the strength to accept your own impending mortality.
