Have you made sure that your assets will be distributed as per your wish after you?

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A well planned WILL ensures that one’s wishes to distribute their properties and assets after their death are honored without legal issues and complications. There are many things to consider when preparing a will. How well have you planned it?

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How important is it for you to have a Will?

Not Important

Extremely Important

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In your opinion, at what age one should consider having a Will?

40-50 Yrs

50-60 Yrs

60-70 Yrs

70-80 Yrs

Above 80 yrs

As soon as one realizes

It is not a priority for me

Autre :

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Have you prepared your Will?

Yes, I have

No, but I intend to have it soon

It is not a priority for me

Autre :

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What are your reasons for having a will (click all that apply)

Providing for my family financially

Making the process of inheritance as easy as possible after I’m gone

Having someone to look after my dependents

I don't know where & how to get a Will

Leaving a lasting legacy (accomplishing great things, being remembered as a good person, etc.)

Avoiding the estate tax

Finding inner peace

Keeping the details of my money and property private

Donating to charity or causes I support

Not applicable

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What are your reasons for not preparing a will (click all that apply)

I will do it only when I fall sick

Getting a Will is too expensive

I have nothing valuable to pass down

I don't know where & how to get a Will

Everything will go to my spouse anyway

I would rather not think about death right now

I have orally communicated my wish to my family and they will honor it

I have made nominees in all my investments hence don't need a Will

Not applicable

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Are you aware of how your assets will be distributed if you do not have a Will?

Yes

Autre :

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Would you take professional help in drafting your Will?

Yes, I will take professional help to prepare my will

I have thought about it but am not sure

No, I do not need professional help

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In your opinion, how strongly do you agree or disagree with below mentioned statements related to Will?

Agree

Strongly Agree

Disagree

Strongly Disagree

Only rich people need to make a Will

Separate Wills are required for joint holders in assets, based on the holding ratio

Will should be updated regularly every 2-3 years

A Will once created should not be changed

Writing Will is expensive and time consuming

You can even write a Living Will which is a legal way to write a will

You need at least 2 witnesses for a Will to be considered legal

Every individual above 18 years of age can create a Will

Nominations and Joint holdings are as good as a Will

Agree

Strongly Agree

Disagree

Strongly Disagree

Only rich people need to make a Will

Separate Wills are required for joint holders in assets, based on the holding ratio

Will should be updated regularly every 2-3 years

A Will once created should not be changed

Writing Will is expensive and time consuming

You can even write a Living Will which is a legal way to write a will

You need at least 2 witnesses for a Will to be considered legal

Every individual above 18 years of age can create a Will

Nominations and Joint holdings are as good as a Will

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Are you struggling with any of the below mentioned processes related to getting a Will?

Yes

How to get a Will registered?

Where to get a Will registered?

How can I amend my Will?

Do I get my Will prepared from a lawyer?

Can I self-draft my Will?

Where should I keep my Will?

Can I cancel my Will?

How often should I update my Will?

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(Answer this only if you prepared your will) Have you ensured that it is legally tenable and executable for hassle-free distribution to your dependents/nominees?

Yes, I have ensured that explicitly

I think I have done it based on my knowledge

I have not looked at legal and execution side

My will is only a statement of my intent which I hope my inheritors will follow

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Do you have any suggestions related to WILL that you would like to share with fellow Seniors?

Your Email

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