merlynlawfirm1 (1)

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WILL PROBATE LAW MERLYN LAW FIRM WILL
ESTATE LAWYERS IN CHENNAI
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Yes. If you own any properties/ assets or monies,
we highly recommend that you draft a will to
avoid any unnecessary complications within your
family upon death. The cost of a simple will
(which is what the common man needs) will help to
save, easily any cost of litigation or probate
fees. Every will has to be probated, to ensure
that after the death of the individual, the will
is properly executed on behalf of the deceased.
However, when an individual dies without leaving
behind a will, every transaction is criticised by
members of the family which leads to unnecessary
and unwarranted litigation over the assets of the
deceased. This results in a lot of expenses
towards legal fees.
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In summary, a large amount of income is saved
starting from reduced lawyer fees. Choosing to
draft and register a will would probably cost you
30,000 to 70,000 INR depending on the type of
will you want drafted. However, if you choose not
to leave behind a will, the additional fees can
generate lakhs of money in fees and a lot of
court work. So essentially, the lawyer who is
insisting on drafting a will has your best
interests at heart. It usually takes 1-3 meetings
with your lawyer to gather all the required
information and a final meeting to sign the will.
We highly recommend you draft a will as it is
money well spent just like a life changing
investment.
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• IF I DIE WITHOUT A WILL, WHO WILL GET MY MONEY?
• This could depend on whether you have any legal
  heirs. If you do not have any legal heirs, the
  government will be entitled to receive all your
  money.
• If you die without a will, the government writes
  one for you. For many reasons, some of which are
  discussed on this web site, you wont like the
  terms of the will that is written for you.
• The title will be passed (after going through
  probate), without the danger of escheat, if any
  of the following are alive

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• A spouse or children
• Descendants of children
• Father or mother of the deceased
• Brothers or sisters of the deceased
• Descendants of brothers or sisters
• Kin of the father or mother
• Grandfathers or grandmothers
• Descendants of grandfathers or grandmothers
• As you can see, it is very rare that someone does
  not exist that falls into one of these
  categories.

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• SHOULD I DRAFT MY OWN WILL?
• We highly recommend that you DO NOT draft your
  own will.
• The cost of a clear and concise simple will is
  low ( between 30,000-70,000 INR). However, the
  legal costs if the will is improperly drafted is
  very high. You do the simple math.
• Most lawyers do not charge the true cost of
  preparing a will. It is their opportunity to show
  you what they can do. Often, if they take good
  care of you, theyll get your business (or your
  recommendation) when they (or a friend) need
  help.

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• If you read Do I need a will, youll see the
  true costs of dying without one. The lakhs of
  money it can cost you when a will is incorrectly
  drafted should be reason enough to spend a few
  hundred dollars to get the will done right.
• It is to be duly noted that there may be very
  important clauses left out of the will that might
  benefit you greatly , but you dont know of its
  existence as it is legal in nature, you might
  miss out on these clauses.
• Moreover, the interpretation of the will depends
  on the words used while drafting the will. It is
  pertinent to note that the words should be used
  should be clear and concise while drafting a
  will. To sum it up, Dont draft your own will.