Making a will is a simple yet crucial step in estate planning that ensures assets are distributed according to one’s wishes and helps avoid family disputes. According to Varun Sriram, partner at JSA Advocates and Solicitors, registering a will adds credibility and authenticity, but it’s not mandatory, and an unregistered will can still be valid if properly signed and attested. Experts emphasize the importance of clarity, completeness, and regular updates in a will, and recommend including a residuary clause to cover future assets and appointing a trustworthy executor. Sriram advises the importance of seeking legal advice for drafting a will beyond very simple cases to ensure one’s wishes are carried out and reduce the risk of challenges.
The article was authored by Varun Sriram, Partner, published in Business Standard.
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Varun has 18 years of practice experience and primarily focuses on M&As, transaction advisory, fund / AIF structures/formation and documentation, commercial legal opinions, and private client practice.