September is the month of the will and although most of us believe that carrying out a will only requires a signature, we are all wrong. Actually, a will is only valid when it is granted by a public notary.
In Mexico, each year the campaign “month of the will” begins in September. This is a nationwide campaign with the purpose to encourage the citizens to follow up with the testamentary culture. Perhaps you’re wondering why it is so important to have a will in order; well, it actually has several benefits.
Here’s a list of reasons why it is important to take full advantage of the month of the will:
Notaries Public reduce their fees
Since September is the month of the will, most notaries public tend to reduce their fees. Also, some of them extend their schedules to facilitate customers’ visiting hours. In addition to this, some notaries participate in campaigns to solve doubts concerning wills. Don’t miss out this opportunity, having a will is not expensive and is totally worth it.
It facilitates the inheritances process
When passing away without a will, the inheritance procedure is done through a judiciary process, in which a judge will decide who your inheritors are and in which percentage they will receive their assets; this process can be lengthy and expensive. Having a will makes the inheritance process easier and clear for everyone.
You will be protecting your relatives and children
Besides choosing beneficiaries for properties or assets, you can also protect your relatives. For example, in families with kids, the parents can designate a tutor in case they pass away. This person will take care of the children and will maintain in guard their assets.
Give your family peace of mind
A will is a safe way to protect your assets, your family and yourself. Even if you are young and healthy, and death looks like a far possibility, consider that it is highly important to effectuate your will when you have full capacity and consciousness. No one other than you can grant a will on your name. You’re the only person who can pass on your goods and rights to your inheritors.
The procedure to have a will is much easier than you imagine. Simply visit the Notary Public of your preference and bring the next documents and information:
- Name of the testator and general information (city and date of birth, nationality, civil status, occupation, address)
- Official ID and CURP
- Full name of your relatives, including parents, wife or husband, and children.
- The testator will have to notify the Notary in case of having a disability to see, listen, talk or to sign.
- Depending on the will, you may be asked to turn in additional information about your properties and assets.
A will granted by a Notary Public is the only valid, legal, secure and effective way for a person to designate who will own their goods and assets at the time of their decease. The inheritors will become the legitimate beneficiaries of their heritage.
Furthermore, you don’t have to modify your will frequently, although you can change it as many times as you want.
Finally, visit the Notary Public of your preference; he will guide you and educate you about the process for creating a will. Enjoy all the great benefits of the month of the will and most importantly, do it before it is too late!
If you have any questions regarding real estate in the Riviera Maya, please let us know! We’ll be happy to help you. Remember, at Top Mexico Real Estate… We make it happen!