The 10 step guide to Property Wills

1. Why You Need A Will

If you die without a valid will, you become intestate, which means that your estate and properties will be shared based on the national laws that outline who inherits what. Since you named no executor, a judge then appoints an administrator who is bound by the letter of the probate laws of your estate. This administrator then begins the process of probate; transferring properties of a deceased to rightful heirs. Administrators often have no connections to the families involved and as such perform their job according to book. This means that sometimes people you intend to receive certain properties might not receive it, or all of it.

2. Properties To Include In Your Will

There are properties that you should carry out an inventory on and could be included when writing a property will, these include:

  • Business properties
  • Savings
  • Personal properties
  • Furniture
  • Jewelry
  • Real estate
  • Royalties and securities

3. Properties To Not Include in Your Will

There are certain properties that should not be included when writing your will as they would be considered invalid, these properties include:

  • Trust Properties:

Property placed in trust automatically passes to the beneficiary named in the trust document. As such, they cannot be given out to other beneficiaries named in a will.

  • Properties with a right of survivorship:

Property held in joint tenancy or community tenancy with a right of survivorship automatically     belongs to co-owner(s) after your death.

  • Properties with already assigned beneficiaries:

Certain properties require that beneficiaries be assigned when they are purchased and these properties should not be included in your will.

4. How to write a property will

Wills are considered documents dictating the inheritors of your assets at your death.  Wills work for small holdings in the same way as they do for larger holdings. There are however details which must be considered about how these wills are written for them to be properly executed. These steps include:

  • Before writing a will, it is important that you take note of the legal age requirements. In theUK, it is required that the testator (you) be over 18 or more.

You must also be in a sound state of mind for your will to be considered valid, that is you must understand that you are making a will, know who you want to inherit your properties and also in a general sense as well comprehend your devises.

  • The will form is then to be filled with information about yourself, your name, address and also an executor. The executor in this case gathers your assets, pays outstanding dues and executes your desires as contained in your will after your death. Often, the will executor is usually the testator’s solicitor.
  • The will should also contain specific details of which properties would be inherited and who gets them.  Street address should be used for properties, identify bank and investment account number. Also name a residuary beneficiary who inherits properties that were not specifically bequeathed.
  • Also include any other conditions you desire before an heir receives the property and confirm that you have included all the beneficiaries you want.
  • After which you sign the will, the will must be signed by two witnesses who cannot be named heirs in the will. Identify the document as your only will and sign alongside your two witnesses.

5. Passing On Details About Your Property

When writing out your will, there are details about your properties which do not belong in your will but are necessary, these include:

  • The location of some items
  • Location of ownership, warranty and appraisal papers
  • Directions for maintain the property
  • As well as value of significant items.

This information could be contained in letter of instruction attached to your will.

6. Leaving Specific Items To Specific Heirs

Your will should clearly indicate which of your properties you intend to leave to certain heirs. In addition to this, you could also create “Letter of instruction” to be kept in your will.

Alternatively but risky, you could leave everything to a trusted person who knows your wishes for distributing your personal items and would do so without fail. This is risky as said individual might, in the long run, not act in accordance with your wishes.

7. When Can A Beneficiary Be Disqualified From A Will

Often, will beneficiaries (heirs) could be disqualified from receiving the benefits left to them in a will. There are quite a number of reasons for this which include:

  • Divorce and Separation:

When spouses are divorced, the spouse is not entitled to inherit benefits from their separated partners. As such, to make provisions for your divorced partner, you need to make a new will especially if the divorce and legal separation is final.

  • Witnesses and Executors:

Witnesses and executors are not legally allowed to be beneficiaries of your will. Thi is usually to avoid a conflict of interest and claims of fraud in the will writing process.

  • Criminal Actions:

If your death is as a result of murder or manslaughter, the perpetrator if a beneficiary is disqualified from inheriting from you.

8. How often do property wills need to be updated

You could choose to update your will regularly or you could choose not to at all. The only version of the will which matters at your death is your most current one.  At pivotal moments in your life such as marriage, birth of a child, the death of a beneficiary, you would have to make changes to your will to cater for these new additions or even more losses.

9. Keeping A Property Will

Wills could be kept in a waterproof and fire-proof safe at your home or in a safety deposit box. Other copies should be kept with your solicitor in case the original is destroyed. A probate court usually requires that an original copy be presented before the estate can be processed as such, this document therefore needs to be kept safe.

10. Contesting A Will

Wills can be contested for a number for reasons among which includes a beneficiary who feels slighted by the terms of the will. Furthermore, if the will wasn’t properly witnessed or if you weren’t competent when you signed it, the will could also the contested as invalid.

Property wills contain the desires and wishes of an individual concerning how they want their properties to be shared amongst their named beneficiaries after their death. Property wills are very sensitive as a result care must be taken when writing them out to ensure that they are legal and would not be considered invalid at the time of sharing.


The process used by classifieds online for generating income

Using free classifieds means that you need to be creative. When speaking of classifieds there certainly are a few effective ways that can prove beneficial to help you make money. This technique involves a lot including making use of integration technique.

Ads featured

Featured ads are all about making use of monetizing benefits for generating income. It is certain that any free classifieds website will always have many users online. There are a number of users who make use of highlight features to be used in their ad campaign.

These are also users who are always willing to pay some amount of money to get their ads posted on your classifieds website.

Using a special place for posting ads

Another best way for generating income with classifieds is to look around for the best place where you can post your classifieds. This space can be used for displaying any type of ad or even for renting to others for placing free classifieds.

To make use of this feature it is certain that you should have a big database of users who are willing to offer you with rent for placing their ads.

You need to keep in mind that to post free ads people are always willing to pay more money.

Banner advertising

It is certain that banners are always considered a better source of income for anyone. This saves a lot of time for users to perform SEO techniques. It is certain that if you have a banner space then free classifieds can be posted on this site.

Promotional campaigns that implement good content can be used for targeting visitors to their websites. You just need to ensure that you have a regular base of ads that can be run on this banner space.

Pay for each post

Another great source for generating regular income is that you can post ads for others online. There are a number of people who are always willing to pay money for posting their ads on multiple websites. It is certain that you have to target a specific group of people for each ad posted.

Your target can be audience-based or niche-based.

Affiliate links

Another way to generate income is to make use of affiliate links. This means that if you have a web page then specific links can be used for targeting specific audiences. This can offer you with consistent and regular income from free classifieds.

Apart from these, to post free ads many people are willing to invest money online. You just have to plan your way to generate good income.


5 Tips to Avoid a Drunk Driving Accident in the Summer

According to the Centers for Disease Control and Prevention (CDC), a fatal drunk driving accident occurs every 50 minutes across America, and drivers between 21 and 24 are responsible for 34% of those. But that doesn’t mean you or your loved ones are in the clear if you’re outside of that age group.

A drunk driving accident can occur at any time and change your life forever. Summer is a serious concern for drunk drivers, especially with new drivers on the road and family vacations in full gear. But fortunately, there are some effective tips for avoiding a drunk driving accident this summer.

Reinforce the Seatbelt Habit

Car crashes are the leading cause of fatalities nationwide through the driving age of 54, and many of the victims lose their lives because they didn’t wear their seat belts. Seat belts may feel restrictive when you’re not used to them, but that’s the point. They keep drivers and passengers from being ejected from the vehicle. Seat belts can reduce the risk of serious injury by 50% and the risk of an accident-related fatality by 45%. So buckle up.

Be Extra Careful at and Around Intersections

Alcohol affects a driver’s ability to absorb their surroundings and react accordingly. Even a single drink can significantly reduce a driver’s reaction time. So many drunk driving accidents occur at traffic lights and intersections. Always approach intersections carefully and cautiously. Yield to oncoming traffic, and don’t rush through a traffic light, especially when carrying precious cargo. It’s always worth adding a few minutes onto your travel schedule to help ensure you get there in one piece.

Maintain Proper Speeds and Avoid Tailgating

Always be aware of the speed limits for the areas you’re driving. A drunk driving accident can happen anywhere, but most occur on rural roads or highways. Highway speed limits range between 55 and 85 MPH and going even 5 miles over that speed can increase the risks of a collision. Even if you’re in a hurry, always give enough following distance and avoid tailgating at all costs. Any jerk can slam on the brakes, but a drunk driver may do so without an ounce of remorse until it’s too late.

Accept Designated Driver Responsibilities

There’s nothing wrong with grabbing drinks with friends or enjoying a night out here and there. But drinking and driving should never be part of the festivities. If you are a social drinker, set up a designated driver system with friends or loved ones to ensure everyone gets home safely.

And if you’re a non-drinker, accept those duties without fail. You could even make free food and soda for the DD part of the deal. If everyone’s drinking, however, call an Uber or other rideshare option. It’ll help avoid needing to call a competent Michigan car accident attorney to clean up the mess.

Avoid Late Night and Holiday Driving

Holidays in general lure more drivers on the road and many of those have either been drinking or heading to load up on their favorite cocktails. But according to AAA, the 100 deadliest days for teen drivers are between Memorial Day and Labor Day. And according to the National Safety Council (NSC), rush hours–between 3 and 6 PM are high-risk times for general auto accidents.

But drunk or impaired driving is more likely to be a problem during darker hours–specifically midnight to 3 AM and over the weekends. So avoid those times to play it safe. And always keep the number of your Michigan car accident attorney close just in case there’s a problem.