Gbemi got her first job immediately after NYSC and was super excited about it. She got a good offer and was excited to get on with life. In a few months she lost her elder brother who had finished school three years earlier and was working at a multinational. When the lawyer broke it to the family that her brother left her something in his will, she was taken aback. Being barely 29, she did not think that her brother would own a Will. A few weeks later, she visited the iWill platform and reached out to us.
A will is a legal document that outlines your wishes regarding the distribution of your property after you are no more. Having a will is arguably one of the most important things you can do for yourself no matter what age you are. Not only can a will legally protect your assets, but it gives you the room to protect your loved ones too.
The common misconception is that Wills are for the rich and wealthy. This, however, has been proven false. Regardless of how much or how little money you have, a Will ensures your wishes are heard. It states that whatever personal belongings and assets you have will go to family or the beneficiaries you name or designate. If you own a business, a Will can help ensure a smooth legal transition of those assets.
Now that we have ascertained that a Will is important for everyone, how do we know it is the right time to write one just like Gbemi’s brother did? Below are questions you need to answer.
Question 1: Are you above 18?
One of the prerequisites of writing a Will is that one must have attained the age of 18. It is assumed that at this age, you are old enough to understand what a Will is and have full mental capacity to accurately pen down your wishes. Gbemi’s brother was 29 so it means that he was legal enough to write a Will.
Question 2: Do you earn a living?
Most adults earn a living. It may be in full time, part time, remote or self-employed. Whichever it is, as long as a person over 18 is legally earning money, it is safe to deduce that they have something worth leaving behind for loved ones. This is also another question that Gbemi’s brother fulfilled. He worked in a multinational that ensured that he earned well.
Question 3: Do you save?
As an adult that earns a living, the chances that you will keep some money aside for rainy days are high. This automatically means that you will always have something worth protecting and leaving behind for loved ones. From Gbem’s story, it is safe to assume that Gbemi’s brother saved and even invested judiciously.
Question 4: Do you have belongings?
Belongings are a part of our lives as soon as we take in our first breath. However, the worth of what we own changes as we grow. Adults tend to have belongings that are worth not leaving to chance. From cars, houses, clothes, gadgets, bank accounts to land, investments and businesses, the list is endless. As long as you have belongings that are worth money, it is safe to say that it should be protected in a Will.
Question 5: Do you have people you care about?
This is a very important question as the essence of a Will lies on it. A Will not only protects you but makes sure that you can leave what you have acquired in the possession of people that you love and trust. These people can be your spouse, siblings, parents, cousins and friends. Gbemi’s brother was smart enough to look out for his sister and his family members. His choice made sure that all that he acquired was not left to chance and the lengthy process of intestate administration.
Study these questions carefully and ponder on all of it. You can visit the iWill platform to find out more about how to write a Will without hassles. Feel free to send an email to or reach out to us on our social media platforms if you will like answers tailored to the peculiarities of your situation.