LoL.. Will only if u have assets. Its not that u cant make a
will if you only own a car.
But when u deal with wills, u deal with trusts too.
And when u deal with trust, u make sure your 3 certainties are
met. Or else ur trust may fail and fall over. You dont want the
courts go trying to construe ur trust otherwise. If thats the case,
it may become a resulting trust or a constructive trust.
Then there are issues of trust powers.
But since u are just asking about wills , if u are under 21, ur
will is invalid.
Is ur will a gift ? Whether u give a gift inter vivos or by
will, u make sure you also satisfy the requirements. e.g signature
and attestacy.
Just make sure whoever attest to your will is not a beneficiary,
or ur will will fail.
Gifts requirements.
And if u need to add something to ur will, you can add a
codicil, which not many ppl do nowadays, but that can fall within
ur will and be valid.
Make sure ur will when executed by ur trustees are clear in
terms of intention , subject matter and object. U dont want ur will
to fall over and become intestate, if that happens, all goes back
to ur estate, and will try look for next of kin. If no next of kin,
goes to the state.
So thats the basic Wills and Trusts for u.
And ya.. submit to the registry, so they know of ur intention.
And at least the state has a copy to prevent unpleasantries.
Most lawyers can do Wills and Trusts, so pop around to ur
nearest lawyers. LoL!
You sound like a laywer or someone equipped with the knowledge.
Nevertheless, thank you for the vaulable information.
It's nice to know that even after I pass on, everything can be
executed nicely :)