Wills and Heirs

Everything has value; what varies is the measure of value attached to it. What is seen as worthless to one could be priceless to another. The worth of a thing is determined by the value a person or the society attaches to it, whether it is a 1962 Ferrari 250 GTO, a Hermes handbag, or a simple pen.   How Much is Your Last Will and Testament Worth ? Several items are auctioned around the world annually. Such items ranging from valuable antiques and collectibles to artworks made by famous artists are sold at very high prices. For instance, Jeff Koons, an American artist sculpted a balloon dog which was auctioned and bought for $58.4 million in 2013!! Pretty amazing I’d say!                                           The last will and testament of Walt Disney, the man behind many beloved cartoon characters and Disneyland, was auctioned in 2017. It Sold for $11,875 e...

When you hear the words: “Have you created your will,” what is the first thing that comes to your mind? I will leave you to answer that. We are fond of saying that drafting a will is boring but guess what that is not a true fact; will drafting is as much fun as watching your favourite movie. Leaving instructions for what should happen to your finances after your death is a serious matter – but for some the temptation to cause mischief or raise a smile from beyond the grave is too much to resist. After all, for some people a will is not just a list of bequests; it’s a chance to leave a loved-one a final thoughtful gesture, or show a hopeful relative how much you preferred the dog to them, lol!! We’ve rounded up 3 strange inheritances left in wills for anyone needing a little inspiration: 1.    A WIFE FOR A GAY SON Like seriously, a wife for a gay son!! Frank Mandelbaum proved to his son that he can also play a major role in his life even in his death. ...

A lot happen in Nigeria on a daily basis; things that we can’t control, those we have total control over, those ones which gets us completely excited, the ones that leaves us in tears and disappointed. People fondly say that waking up the next morning is an opportunity to making yesterday better and an avenue to secure for yourself a great future. Imagine a 28-year-old Nigerian who is doing so well, has a reasonable amount of money to take care of his or her responsibility and that of his immediate family members but never for once thought it necessary to organize his or her assets or write a will state specifically who gets what and at what time. Then also envisage another guy in the same age bracket as the former, who isn’t doing so well, struggles to feed daily and can’t even take care of his family, but he has taken out time to organize his assets and assign the few property he owns members of his family by writing a will. Still in our imaginative world, both guys...