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In 2-3 paragraphs, discuss the reasons why someone should make a will.

User Bruno Pinheiro
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1 Answer

16 votes
16 votes

Answer:

Making a Will is a responsibility you owe to both yourself and your family. It is a legal document that lets you decide what happens with your estate after you die.

Explanation:

There are many important reasons why you should make a will. some of them are:

Children-a will allows you to provide for children and the special needs of a loved one.You decide how your assets will be distributed on your death.Smart tax planning- a will can ensure the minimum amount of tax going to the State, unlike in an intestacy situation where there is no discretion.you choose who handles your affairs on death rather than having the law decide.It is cheaper and faster to administer your estate with a will, rather than an intestacy.Making a Will is a responsibility you owe to both yourself and your family. It is a legal document that lets you decide what happens with your estate after you die.