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Can you create your own will in india ?

19 August 2024 . 5 min read

Making a Will and talking about it openly can be unnerving since it forces you to think about your own demise and/or the demise of a loved one, but this does not imply you should refrain from doing so. One of the most crucial things you can do for yourself and your family is to make a will.

Making a will should be your first financial decision because it is so important. You should make your Will today, not tomorrow or later, if your family is large and you want to give money to several family members.

For instance, the "Hindu Succession Law" (Government regulations on how wealth should be distributed among family members) will be used to distribute your assets in India if you pass away without leaving a will. It is a common misconception that the spouse automatically inherits the entire estate because children and perhaps even relatives may stake a claim to the assets.

Now, you may wonder if making a Will holds such weight, can you make it yourself? The answer to this is yes, as long as it complies with all legal criteria, it is permissible to create your own will in India.

However, if you are drafting your own will, you should bear the following recommendations and factors in mind:

  • Age and Capacity: To make a will that is legally binding in India, you must be at least 18 years old and of sound mind.
  • Written Language: Your will should be written in plain and unambiguous language so that your intentions are evident to everyone who reads it. Avoid using ambiguous terminology or terms
  • Identifying yourself: Clearly stating who you are as the testator (the person writing the will) should be the first thing you do in your will. Give us your complete name, address, and any other identifying details.
  • List Beneficiaries: Clearly state who will receive your assets, that is who will be your beneficiaries and what they will receive in a list of the beneficiaries.
  • Name an Executor: In your will, you can name an executor who will be in charge of handling the administration of your estate following your passing. Ensure that the executor is prepared to assume this duty and has the capacity and capability to do so.
  • Witnesses: Having at least two witnesses who are not beneficiaries or their spouses is required in India. When you sign your will, the witnesses should be present, and they should all sign the document to verify its legitimacy.
  • Date and Signature: To show when your will was written, you have to add your signature and date at the conclusion. The two people you've designated as witnesses must witness your signing.
  • Safe Storage: It's crucial to keep your will safe and easily accessible after you've written it. Let your executor and close relatives or friends know where your will is kept.
  • Legal Advice: While it's not legally obliged to do so while writing your own will, speaking with an estate planning attorney can be helpful. They may make sure your will conforms with all legal requirements and offer advice on complicated issues.

Since you are not taking professional help while writing your own Will, it's also important to look out for certain seemingly small details that could have a big impact. These things are as follows-

  • Pick your words very carefully and with extreme care. The basic principle is to infer the intention from the terms used in the will.
  • When two clauses of a will conflict with one another or are incompatible, the latter clause takes precedence in Indian wills. Multiple provisions may be present in a will, and the last clause may conflict with the first. In such a case, the testator's final intention is carried out.
  • Be explicit about your intentions. The position of the testator, his family relationship, the time when the will was drafted, whether or not the testator was taking his or her last breath, and many other similar surrounding circumstances are taken into consideration by the court when resolving a conflict. This is done when there is a dispute regarding how the language of the will should be interpreted.

Now, you may wonder how you can write a will that is valid under Law ?

While registration of a Will is not compulsory, it is advisable that a testator register his will in accordance with the Indian Registration Act since doing so dispels any questions about the will's validity. Simply registering the will eliminates any potential misunderstandings and obstacles.

Now that you’ve made your Will, where should your will be kept? All in all your will is free to remain wherever you deem it to be secure.

Generally, these 2 places are considered to be the safest-

  • At home: If you have a home safe or fireproof and waterproof metal box, this can be a good solution. Before choosing this location, be sure your executor has access to your home after your death and is aware of where your will is located. Make sure your executor knows how to access any locks or combination locks on the box or safe you're using, if there are any.
  • With Your Executor: Provide the original copy of your will to your executor, presuming they have a secure place to store it as they will be the ones to use it in the end. If you decide to go this route, be sure your executor is someone you can trust because you might need access to your will in the future if you decide to make changes.

Did you know that you can also create an electronic Will now ?

Making a will is now simpler than ever thanks to the development of technology in the legal field. A person can now create an online will, often known as an e-will or a digital will, and it has the same legal force as a traditional will. It gives digitized information on your possessions, investments, and properties as well as who you wish to leave your property, money, and other possessions to after you pass away. It saves time and is safe and secure. A simple online will can be created in as little as 30 minutes.

The steps necessary to create your e-will are as follows-

  • Registration on any service provider's website.
  • Payment of the necessary fees. This varies depending on the service provider.
  • Completing the online form that these service providers have provided and prescribed.
  • Providing information about your family and your assets.
  • Your will's draft will be prepared by knowledgeable attorneys.
  • A preliminary draft will be sent to your registered email address online.
  • You will be notified of any changes that need to be made to your rough draft prior to the creation of your final document.
  • Your door will receive a final draft along with proper instructions for the testator's signature and the signatures of two witnesses.

One must create a Will well in advance because life is unpredictable. Therefore, one should make a will as soon as possible.

My Legacy Box ("formerly Oiconomos") is an end-to-end solution for personal finance succession management. It simplifies succession planning and management by building on financial hygiene and best practices. Innovative segments like facilitation of one click Will creation which is considered to be one of the most effective tools for inheritance management in the judiciary system, make us stand out. With the help of tech, we make succession management accessible, affordable, and secure for the families of Bharat.

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Disclaimer:   Please note My Legacy Box ("formerly Oiconomos") is not a law company/firm and does not offer legal advisory. Though materials, software, and services are available to use publicly, they cannot substitute legal counsel by legal practitioners. We do not endorse or solicit the work of any legal counselor.