Recipe to Prepare Your Last Will and Testament.

Writing your Last Will and Testament (Will) probably is one of the most important deeds you can ever done for your family and loved ones. The consequences of one died without a Will are their assets will be frozen until the rightful beneficiaries obtained a Letter of Administration (LA) and must be granted before the Court could distribute the assets of the deceased. Without the LA, even the money of the deceased in the bank account cannot be touched by those who really need it, for example, to send children for education or for loan repayment. Hence, this will cause a lot of emotional stress, burden to the deceased family or beneficiaries. Other than frozen assets, you hard-earned assets may not go to the people you want to inherit in the manner that you wish. Witho View the rest of this article