Who Is Afraid Of Writing His/Her Will?
Before I bear my mind on this issue, let me
quickly define some key terms for you so that you can follow me without any
difficulty.
1. WILL - it is a document written by a person
called testator or testatrix where the person states how his or her property
should be shared after death among his/her chosen beneficiaries.
2. TESTATOR/TESTATRIX - this is the person who
writes a Will before death. If the person is a man, he's called testator and
testatrix, if a woman.
3. EXECUTOR/TRUSTEE - executor is a person or a
corporate body that is appointed in a Will by a testator/testatrix to
administer the Will after the latter's death. Trustee, on the other hand, is a
person or corporate body that is appointed in a Will to hold property in trust
where some beneficiaries under that Will are underage children, i.e below 18
years of age. Every Will must have a minimum of two executors and maximum of
four.
4. TESTACY - this refers to a condition of a
person who leaves a Will behind. It is usually said that such a person dies
testate.
5. INTESTACY - this is just the opposite of
TESTACY. If a person dies without leaving a Will, it's said that the person
dies intestate.
6. LETTERS OF ADMINISTRATION - this is a document
usually collected from a section of the State High Court known as the Probate
Registry or a government department in the State Ministry of Justice known as
the Office of the Administrator General and Public Trustee. This letter is only
relevant if a deceased person does not leave a Will behind or if some assets of
the deceased person are not covered by the Will.
7. TESTAMENTARY CAPACITY - this refers to the
mental state of a person to write his/her Will. Every Will written must be a
voluntary and willing act of the writer. This means that a person who suffers
from mental disability or a person who is forced or coerced or under unduly
influenced cannot write a valid Will.
8. AMBULATORY - a Will is said to be ambulatory
because its writer can cancel it or amend it as it pleases him or her as long
as that person is alive. A Will does not transfer any property in the lifetime
of its maker.
9. REAL PROPERTY - property in a Will is usually
divided into two classes, that is, real and personal property. Real property comprises
such property that is fixed to the ground like houses, mines, factories, and
farms. It is also known as immovable property.
10. PERSONAL PROPERTY - this refers to movable
property e.g. cars, clothes, books, plaques, money, shares, furniture, electronics,
jeweleries, and so on.
11. ESTATE - all the classes of property are
jointly referred to as estate.
12. ATTESTATION - this refers to the process of
witnessing a Will. A Will must be witnessed by two people. These witnesses need
not to know the contents of the Will but they must be made to know that what
they are witnessing is a Will.
13. CODICIL - this is a supplementary Will. It is
a mini Will which is written to take care of additional assets after one has
previously written a Will. This is done in order to prevent writing a whole
Will all over again.
NOTE - For the primary purpose of writing this
post, the above list is enough but it's not exhaustive of legal terms that have
to do with Will. This write-up is DELIBERATELY written for non-lawyers and so,
the language is simple, straightforward and cases or statutes are intentionally
avoided to aid readers' understanding and facilitate ease of reading. However,
cases and statutes may be provided, where necessary and in response to readers'
comments or enquiries. It should also be said that this post does not boast to
contain all that you may have to know about a Will because the constraints of
time and space will certainly not allow me to do that and more so, even as a
lawyer of many years of active practice and experience that I am I cannot claim
to know everything on Will.
Basic Things That Everyone Must Know About A Will
1. You can write your Will without a lawyer but
it is better done by a professional lawyer.
2. It is not expensive to write a Will but more
expensive to die intestate (i.e. without a Will).
3. Both males and females can write a Will and
so, it's not only meant for men.
4. To write a Will, a person must be up to 18 or
21 years of age. In some States, it's 18, while some put the age at 21.
5. Every State in Nigeria has a Will Law and you
must comply with the requirements under the Law for your Will to be valid.
6. Every Will must be in writing. The law does
not permit oral Will.
7. If you have assets in many States or outside
Nigeria, a Will is enough. Such Will will be resealed in other places.
8. A good Will has the capacity to prevent
acrimony and crisis after the writer's death.
9. If a beneficiary is made to witness a Will,
that beneficiary loses his/her gift under that Will.
10. It is advisable to seek and obtain consent of
executors before appointing them.
11. You don't need to be rich to write a Will.
Once you have dependants and some property that some people may be interested
in taking over after your death, it's advisable you write a Will.
12. It is not good to wait until sickness comes
or very old to write a Will.
13. A beneficiary can be an executor in a Will.
14. A Will only becomes active after the death of
the writer, meaning that its maker can tear or do anything with his or her Will
while alive.
15. A Will is a good document to protect children
and wife or wives.
16. A person who writes a Will has the liberty to
give his or her assets to anybody, even to total strangers.
17. A Will must respect traditional customs e.g.
igiogbe in Benin, Edo State.
18. A Will cannot be written after a person's
death and can also not be written on behalf of another person.
19. You can state where and how to be buried in
your Will. The late Gani Fawehinmi did this in his Will.
20. Make sure you keep your Will properly and
safely after writing it. Allowing people to know the contents of your Will
while alive may be injurious and regrettable. A copy of your Will must be
lodged in the Probate Registry.
21. Writing a Will does not bring early death.
Late Rotimi Williams SAN wrote his Will in 1954 at 34 years of age and did not
die until 2005 at age of 85.
22. You can immortalise yourself through your
Will. Alfred Nobel who instituted the Nobel Laurel Prize did that and our Wole
Soyinka is a beneficiary of his generosity and foresight.
23. Writing a Will is not against the Christian
faith.
24. Writing a Will gives you opportunity to
decide who benefits from your hard-earned assets and who does not. But if you
don't write your Will, your family members and your customs will decide for
you.
25. If you have no Will, the type of marriage you
have may help to decide who is entitled to apply for Letters of Administration
in respect of your estate.
I think this write-up will be of help to a lot of
people. I wish you take due note of all the lessons in the post. Happy day to
you!
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