NISM Certifications · NISM-Series-X-B: Investment Adviser (Level 2) · Basics of Estate Planning
Mr. Arvind Shah, a Hindu, wants to ensure that his will can be easily proved and challenged as little as possible. Which practice is recommended when drafting a will?
The will should be signed by the testator and attested by at least two independent witnesses who each saw the signing and are not beneficiaries. This makes the will easier to prove and less open to challenge, whereas unsigned or oral wills are not valid in ordinary cases.
- AHave it attested by at least two witnesses, who each see the testator sign, and who are not beneficiariesCorrect
- BHave it signed by only one witness who is also a beneficiary
- CLeave it unsigned if handwritten
- DMake it oral in front of family members
Explanation
A will must be signed by the testator and attested by at least two witnesses, each of whom saw the testator sign. Witnesses should not be beneficiaries, as a bequest to an attesting witness can be affected. An unsigned or oral will is not valid in the ordinary course.
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