WHY SHOULD YOU MAKE A WILL?
Why work hard to acquire your property and then leave it to chance, when you have every opportunity to decide who should get to enjoy it after you die? By failing to make a Will, you leave the control of your estate, to be administered in accordance with the rules on intestacy, which may not be what you want. In Ghana, the Intestate Succession Law, 1986, regulates your estate if you do not leave a Will. These rules determine inheritance, based on the decease’s next of kin set out in order of priority. This may have serious repercussions, as it may leave your loved ones out of your estate. What is a Will? A will is a legal document that allows a person to leave instructions on who should inherit property, money, and other earthly possession when he or she dies. A Will can also be used to give other instructions not relating to your property. The Wills Act in Ghana regulates the making of a Will by providing that it must comply with certain requirements...