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If you are considering making a Home Made DIY Will you need to be aware that a Will is not considered to be valid if it does not fulfill the requirements of the Will's Act 1837 A Will must be considered valid in order to obtain a Grant of Probate.
When making a Will it is important to ensure it has been drafted correctly to avoid any future potential Will disputes, which can often arise if a Will has been incorrectly made and the validity of a Will therefore comes into question.
According to a recent investigation by the Legal Services Consumer Panel, one in five wills fails to make the grade.
A invalid Will can cause unwanted emotional stress for your loved ones, creating a potential lengthy and complicated process to resolve simple matters.
It is always advisable to seek professional help when making a Will and planning for the distribution of your estate in the event of your death.
A legally binding contract is a contract agreement that is valid under state and federal contract laws.
“Legally binding” means that the parties must obey the terms written in the contract and perform their contract duties as stated.
Failure to do so may result in legal consequences, such as a damages award.
For a contract to be legally binding, various requirements need to be met, depending on the nature of the agreement, as well as the background of each party.For instance, there needs to be a valid offer with a corresponding acceptance, and each party needs to exchange consideration (something of value). Some factors might invalidate an otherwise legally binding contract.For instance, the following factors might make a contract invalid: Thus, it’s important that a contract be drafted very carefully, and subject to close examination before signing it.A broken contract can result in a “breach of contract” lawsuit.This may result in a damages award to reimburse the non-breaching party for any losses they have experienced.Alternatively, a judge may prescribe other remedies, such as a cancellation of the contract obligations, or a rewriting of the contract terms to include newer changes and updates.Tags: Adult Dating, affair dating, sex dating