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98

Aug-Sep15

LIFE&FAMILY

which a dependant would probably win,

if he or she had simply been left out of

the will. Civil Code systems are setup

to prevent exclusion of a dependant

from inheriting your estate, but there

are ways of minimising the share that

the estranged family member would be

entitled to inherit.

Does a family member need to be

appointed as an executor of an

estate?

Many people believe they must appoint

a professional as the executor, often

the firm that they appointed as their

will writers. However, probate – albeit

time consuming – is not a difficult task,

especially if you’ve prepared well by

making a will and documenting the state

of your affairs. We recommend that you

appoint a family member or close friend

as your executor, and include provisions

in your will for your executors to appoint

professionals to assist them with the

process if needed. This way, your family

has control over the legal fees and time

involved in the process, but still with the

possibility of seeking assistance.

What happens with regard to

the care of very young children

if something happens to both

parents?

If there’s no evidence of a guardian

being appointed, whether in a will or by

a Deed of Appointment of Guardianship,

then the State takes responsibility

until a guardian is found. If no suitable

person is available or willing to take the

responsibility, then the State remains in

charge of the orphaned child or children

for the rest of their minority. If both

sets of grandparents apply to become

guardians, there is the possibility of a

major family rift if they cannot agree. The

legal rights are with the father’s family

if the couple is married, but whichever

way the court decides, it will not award

the children to either set while there is

a dispute raging on. Godparents have

no legal status, though most people

choose them as people who could bring

up the children if circumstances took

their parents away. The appointment

must be made in a legal document;

nothing else will guarantee that the

preferred guardians of your children will

be appointed as you would wish.

Are wills easy to change?

Changes to a will are necessary from

time to time, but any attempts to modify

an existing will by crossing out text or

writing in the margins actually result in

the whole document being rejected by

the Probate Office. To change a will, you

have to either add a codicil or engage in

a full re-write, depending on the scope

of the changes.

How much does a will cost?

Prices range from cheap to expensive.

When shopping around, make sure

that you are quoted a fixed price so

that costs aren’t added if your situation

turns out to be more complex than

initially anticipated; many firms offer

basic, cheap wills, but they don’t cover

every eventuality. Then you have the

very expensive, complex, 20+ page

documents, which can be difficult for a

layperson to interpret. Often you pay for

the added legal phrases, which aren’t

actually necessary and more often than

not confuse clients so much that they

give up on reading through them.

Phoenix Wills offers a prime service

at a medium price level, with two cost

structures. Our prices are fixed and

no added charges will arise even if the

circumstances of the client turn out to

be complex, or if he changes his mind

several times throughout the process.

With a document as important as a

will, you should be more concerned

about finding a will writer who you’re

comfortable with, rather than the one

offering the best price.

What’s the process of getting a

will drawn up through Phoenix

Wills?

After an initial meeting to take your

instructions, we then work on a first

draft of your will. When you’re happy

with the draft (which can be changed

as many times as you want), we will

mirror to cover your spouse and any

other jurisdictions that may be needed.

We then meet again to sign and attest

your wills in accordance with legal

requirements. The entire process usually

takes four to six weeks, but it can be

completed in days if there’s an urgent

need. We then offer a safe storage

solution whereby you are reminded to

check in with us if there are any updates

to be made, and your executors are

reminded where your wills are kept if

they need to retrieve them.

For more information, visit

phoenix-wills.com.

As a general rule of

thumb, expats should

have wills for their

countries of origin

and their countries of

residence