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It
is not the purpose of this brief introduction to explain how to
draw up a legal and valid will. As a will forms such an essential
part of the financial planning process, however, some guidance
on the essential elements may be useful prior to contacting someone
with suitable experience in will drafting - please, do get
professional advice before making or re-drafting your will.
Certain
formalities are required in the making of a will to help ensure
that the potential for fraud and forgery is limited, and that
the testator makes a will without duress. None of the requirements
are onerous, but the volume of cases which have come before the
courts over the years have made it clear that where money is concerned,
even where the existence of 'rules' do not guarantee a thing,
it is better to follow the 'red tape'.
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