Wills and Heirs

A last will and testament is a legal document that has proved to be a must-have instrument for everyone that is of age and has testamentary capacity. It has however notoriously become a document that most people avoid to make or put off to the far future; the general perception is that it forces one to confront his or her own mortality, which often times is scary. It is important to note that even though mortality is a scary fact of life, the trick is not to focus on mortality but on the bigger picture: the fate of those you leave behind and the legacy you carve out for yourself and loved ones. The importance of a will cannot be over-emphasized. There are several reasons why you need a Will, here are a few of them: ·       It Contains Your Express Wishes : a will contains express directions on how you want your properties or assets to be shared or applied to (for liquidated assets). The only way to ensure that what you want is exactly what happens is to have a legally b

Ramadan is the ninth, precious and most holy month in the Islamic calendar. It is a time when Muslim faithfuls spend time in prayer, fasting, Quranic recitations, charity (Sadaqah) and abstinence from immoral acts, among other things. Among the Five pillars of Islam, fasting is listed as fourth among them. In Quran 2:183 Allah the Almighty says “O you who believe! Fasting is prescribed to you as it was prescribed to those before you, that you may learn piety and righteousness”. One notable thing about the Holy month is that Ramadan is the month in which the Quran was sent down through the Holy Prophet Muhammad (PBUH) as a guide to mankind, also clear signs for guidance and the differentiation (between right and wrong). Quran 2:185. Muslims are highly encouraged to read and study the Quran and to share with others within during Ramadan and give Zakat.   As Ramadan is being celebrated all over the world let us remember that it is a day to rejoice and live in bliss, i

“This life don’t last forever…” was rightly sung by the late King of Pop, Michael Jackson. It is a known fact that life is full of uncertainties and risks; those who acknowledge its existence and arm themselves with planned strategies are better prepared to face it.  On November 30, 2013, fans of the popular “The Fast and the Furious” franchise received the devastating news of the death of Paul William Walker IV best known for his role as Brian O'Conner in the movie series. Paul Walker passed at the young age of 40 as a passenger in a single-car crash alongside friend and driver Roger Rodas.   Walker was survived by his parents, his 15-year-old daughter, Meadow Rain Walker, and an estate estimated to be worth $25 million. Paul Walker made an estate plan which included a Will and a Revocable Living Trust. At the age of 28 , August 15, 2001, He signed his last will and testament; almost three years after his daughter was born. Walker appointed his father as executo

ANNA NICOLE SMITH The glamorous lifestyle of the rich and famous are endlessly fascinating and enviable. living a life with access to everything they could ever want is one to be coveted, it almost seems as though they have it all together; a trouble-free life. However, they face some troubles just like the regular people do especially in the area of inheritance. It is often assumed that the privileged among us would have it all sorted out with regards to estate planning and wills since they can afford it, but that is not the case as they often times make a lot of errors causing  conflict over inheritance  at their passing with family members vowing to never speak to one another. The turbulent life of Anna Nicole Smith (legally named Vickie Lynn Marshall) involves disputes over he late husband's estate. She was an American model, actress and television personality who married J. Howard Marshall in 1994 when he was 89 years old, Anna was just 26 at the ti