Compassionately share the care & the love
with those who matter in your life.
7 EASY STEPS TO WILL MAKING
STEP I:
Take an inventory of your personal finance (investments).
(This exercise should be jointly done by a couple. In case of a single individual it requires
thoroughness.)
STEP II:
Categorise the personal finance into easy and understandable categories.
(Some of the classes are e.g., Postal deposits, Bank & other FDs, Liquidity, Mutual Funds, Equity
holding, Real Estate, Jewellery, Vehicle/s, Crypto currency, Pension/s, Inheritance etc. These have
to cover all assets possessed by the couple or single individuals)
STEP III:
Work to consolidate assets in efficient groups.
(This is important to easily manage the finances. This can take a little time, but the benefits are
many)
STEP IV:
Identify whom would you like to make as nominee/ beneficiary of your assets in case of your
death.
Take care that all legal inheritors of ancestral wealth are covered mandatorily.
(Your spouse/you should ideally inherit all the assets subject to who survives longer. These assets
could be used in their life time and in the event of their death, it should be passed on to the
agencies mentioned in your will).
STEP V:
Define- “What is the goal of your will making?”
(State your desire on how you wish to share your wealth with various agencies in an unambiguous
and clear way. It could include your family, relatives, friends, people who have served you as well
as any cause/ group/Trust.
STEP VI:
Get the will signed by two witnesses and a medical doctor certifying the state of your good
mental health when the will is made.
(You can then register the will and give a copy of the same to the executor/s of your will.
The Will, will be executed only on your demise.)
STEP VII:
Spread joy and happiness through will making.
(Now you can live a stress free and happy life as you have paved a way for the flow of your wealth
as per your choosing.
The aim of the will is to create happiness and harmony even in your absence!
