Tips to get your wills and probate in order
Everyone who has come to this world has to go one day. Once we become an adult, we start putting in efforts to improve our lifestyles and provide maximum comfort to our loved ones. This sense of responsibility makes people do their best to keep their loved ones away from problems even when they will not be there to take care of them anymore. This is why the preparation of wills and probate is considered one of the important tasks for many that they want to prepare before they die. Last will of the person who has died is considered as an evidence of his final wishes around the world.
A professional will include a number of important points from the procedure and arrangements of his funeral to nomination of beneficiaries of all the possessions of the person who gets it prepared for himself. This is considered as the final legal document by the deceased that decides the distribution of his assets among his decedents according to his final wish. To claim their shares according to the will of deceased person decedents has to file it in probate court for authentication and settlement of any disputes legally.
Authentication process of wills and probate takes good amount of time. It can vary from a couple of months to an year according to the nature the disputes if any and legal jurisdiction. If you think that why one should have probate when he has already prepared his will so you have to understand that probate will provide time to property administrators to contact creditors, clear outstanding debts, get appraisals on property, find heirs who are unaware about the will and register it with concerned authorities.
In some cases, probate can take more than expected time due to a number of factors such as failure of execution of last will of the deceased by the decedents, legal disputes by decedents on the will and many more. There are a number of grounds on which decedents of the deceased can raise a legal dispute on the will. For instance, if the decedents of the deceased have evidence that the deceased was mentally unstable or was under pressure when preparing his will. Although in majority of the cases people avoid raising disputes on DIFC wills and settle things with mutual understanding to maintain a healthy environment within the family. If truth be told, taking your relatives to the court for something that you cannot prove legally results as divisions in the family that also without doing any good for you.