WILLS

Will is a document that enables you to decide how to dispose of your property after your death.  It includes specific instructions as to how your property will be managed and distributed after your death.
There are a number of reasons why you should have a will:
•    to name an executor/executrix who will manage your property before it is distributed to beneficiaries,
•    to ensure that upon your death, your property and assets are distributed according to your wishes,
•    to avoid unnecessary, costly litigation and conflict among family members as to how the assets should be distributed;
•    to appoint a person of your choice to be a custodian of your minor children and a guardian of their property,
•    to decide what happens to your property before your children are old enough to inherit it and to decide when and on what terms your children will become the legal owners of your estate.  
Wills take effect after death and may be changed during the testator’s lifetime.