{"id":20738,"date":"2021-07-15T07:36:39","date_gmt":"2021-07-15T07:36:39","guid":{"rendered":"https:\/\/demo.munark.in\/sinhasi\/?p=20738"},"modified":"2025-02-19T07:48:29","modified_gmt":"2025-02-19T07:48:29","slug":"steps-family-will-india","status":"publish","type":"post","link":"https:\/\/demo.munark.in\/sinhasi\/inheritance-succession-planning-with-sinhasi\/steps-family-will-india\/","title":{"rendered":"How do you make a Will in India"},"content":{"rendered":"\t\t
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It is a scary time at present and a lot of people are going through a phase of\u00a0\u201cWill I survive this epidemic?\u201d<\/strong><\/em>. Lot more have approached us asking us to make Wills for them. Since we saw a lot of confusion, we decided to list out the various parts of a Will.<\/p>

A Will has several parts and though there is no legal or defined format, it\u2019s very logical and derives from common sense.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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STEP 1<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Declaration in the Beginning<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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In the first paragraph, you have to declare that you are making this Will \u201cin your full senses and free from any kind of pressure.\u201d<\/em><\/strong>\u00a0You have to mention your name, current address, age at the time of writing the Will so that it confirms that you really are, in full control of your senses<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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STEP 2<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Details of Property and Documents<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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The next step is to provide list of items and their current values, like house, land, bank fixed deposits, postal investments, mutual funds, share certificates owned by you. You must also indicate, where all these documents are stored by you \u2013 safety locker at bank, vault at home, office safe, etc.<\/p>

Even the Will should be stored in a safe place. For example, if in a bank locker, detail the procedure and rules of releasing your Will from the safe deposit after your death, after checking the process with your Bank. Or, leave it with your spouse so that they can access the Will when required. Make sure you communicate this to the executor of the Will.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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STEP 3<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Details of Ownership<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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At the end of the Will, you should mention who should\u00a0own<\/strong>\u00a0your asset items or in what\u00a0proportion<\/strong>\u00a0if there are divisions to be made, after you have gone. If you are giving your assets to a minor, make sure you appoint a custodian of the assets till the individual you have selected, reaches an adult age.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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STEP 4<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Signing the Will<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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At the end, once you complete writing your Will, you must sign the Will very carefully in presence of at least two independent witnesses, who have to sign after your signature, certifying that you have signed the Will in their presence. The\u00a0date and place<\/strong>, also must be indicated clearly at the bottom of the Will.<\/p>

Make sure you sign\u00a0all the pages of the Will at the bottom of each page<\/strong>. One important point while choosing witness, is that they should be your\u00a0friends, neighbors, or your colleagues, perhaps younger than you<\/strong>\u00a0and not\u00a0direct beneficiaries in the Will.<\/strong>\u00a0They only certify, that you have signed the Will in their presence, but they are not a party in making the Will in India. Make sure the Witnesses sign the will against their name in the last page.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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The envelope has to be\u00a0sealed<\/strong>\u00a0after completing all the formalities and the\u00a0seal must bear your signature and the date of sealing<\/strong>. The witnesses need not know the contents of the will nor sign on the seal of the envelope.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t <\/div>\r\n <\/div>\r\n

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Reach out to us<\/em><\/h3>

We can help you understand how to maximise your investment goals or leave a comment below on your thoughts.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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For more details Contact:\u00a0 <\/span>Mr. Rajanish\u00a0–\u00a0<\/strong>\u00a09900130321<\/a> | Mr. Saisri – <\/strong>\u00a09740013581<\/a> | Email\u00a0–\u00a0<\/strong>contactus@sinhasi.com<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t <\/div>\r\n <\/div>\r\n \t\t\t<\/div>\n\t\t<\/section>\n\t\t

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\n\t\t\t\t\t\t\t\t\tFor more details Contact:\u00a0
<\/span>Mr. Rajanish\u00a0–\u00a0<\/strong>\u00a09900130321<\/a>
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Mr. Saisri – <\/strong>\u00a09740013581<\/a>
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Email\u00a0–\u00a0<\/strong>contactus@sinhasi.com<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t <\/div>\r\n <\/div>\r\n \t\t\t<\/div>\n\t\t<\/section>\n\t\t
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So many people of us think we are immortal. something bad is always going to happen to someone else, never us. It is a scary time at present and a lot of people are going through a phase of \u201cWill I survive this epidemic?\u201d. Lot more have approached us asking us to make Wills for them. This article lists out the various parts of how to make a Will.<\/p>\n","protected":false},"author":1,"featured_media":20740,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"elementor_header_footer","format":"standard","meta":{"footnotes":""},"categories":[70],"tags":[115,92,89],"class_list":["post-20738","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-inheritance-succession-planning-with-sinhasi","tag-assets","tag-financial-planning","tag-investments"],"_links":{"self":[{"href":"https:\/\/demo.munark.in\/sinhasi\/wp-json\/wp\/v2\/posts\/20738","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/demo.munark.in\/sinhasi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/demo.munark.in\/sinhasi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/demo.munark.in\/sinhasi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/demo.munark.in\/sinhasi\/wp-json\/wp\/v2\/comments?post=20738"}],"version-history":[{"count":0,"href":"https:\/\/demo.munark.in\/sinhasi\/wp-json\/wp\/v2\/posts\/20738\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/demo.munark.in\/sinhasi\/wp-json\/wp\/v2\/media\/20740"}],"wp:attachment":[{"href":"https:\/\/demo.munark.in\/sinhasi\/wp-json\/wp\/v2\/media?parent=20738"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/demo.munark.in\/sinhasi\/wp-json\/wp\/v2\/categories?post=20738"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/demo.munark.in\/sinhasi\/wp-json\/wp\/v2\/tags?post=20738"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}