The number of singles in Poland is growing, and with it there is simply a serious problem – who will inherit their achievements? The absence of a will can lead to a situation in which the property goes to distant relatives or... to the Treasury! Our experts warn: the deficiency of informed planning of the future is simply a hazard of disputes and unexpected court decisions. How to safe your wealth and avoid unwanted consequences? See what you can do today!
Testament – an increasingly appreciated form of property management
Formalising your last will in your will is an crucial step that allows you to decide for yourself the future of your property and another individual property. This allows us to be certain that our decisions will be respected and that possible inheritance disputes will be minimised. The Testament is besides an chance to support selected charities or organizations, which makes it not only a formality, but besides an expression of our values and vital priorities.
Interestingly, many well-known childless people – from Hollywood icons to music stars – decided to make a conscious regulation with their savings. specified examples besides inspire in Poland, where the right to compose a will becomes an increasingly appreciated ability to manage its achievements.
Making a decision in advance makes it possible to avoid possible inheritance conflicts and ambiguities after our death. It is worth drawing up a will even with little wealth to clarify your wishes. It should besides be borne in head that specified a paper can be updated, changed erstwhile surviving conditions change or fresh priorities emerge.
Testaments of celebrated People – inspiring examples
One of the most celebrated people who declared to share their possessions in the will was Marilyn Monroe. Without her own children, Monroe has allocated any of her legacy to close-minded people, including her acting coach, Lee Strasberg, and a long-standing friend. The actress's last will besides went into past as a origin of legal disputes, as Strasberg died, and these rights were inherited by his wife Anna, who had no individual relation with Monroe. This has sparked opposition and many discussions on whether the right to a star image should be managed by individual outside its close circle.
Another example is Karl Lagerfeld, who, before his death, expressed his willingness to have his kitten Choupette financially secured for the future. His estate, estimated at $200 million, was to be partially allocated to her care – which is possible in France and Germany, where the law permits the transfer of funds to animals, although formally by a trustee. Thanks to the will record, the pet Lagerfeld provided a luxurious life, she received full financial facilities after his departure.
The will of a childless individual or single – what should I pay attention to?
Childless persons and singles, like others, have the anticipation of knowingly directing their property, utilizing it for purposes consistent with their individual values. For example, like Lagerfeld, they increasingly decide to include their animals in their wills in order to guarantee a safe future for them. This trend is growing, especially in countries where government allows funds to be donated to animal care through trustees or welfare organisations. Thanks to specified records, owners can be certain that their favorites will be guaranteed adequate care even erstwhile they are gone.
The last will besides gives the chance to donate any of the funds not only to the household or pets, but besides to the elected institutions, which work for the ideas close to the heart of the individual. In Poland, the writing of assets for a public benefit organization or foundation can be done through a will, clearly specifying to whom it is to be transferred. In order to avoid misunderstandings and possible disputes, the paper should precisely mention the institution (e.g. the name of the foundation). It is besides crucial that it complies with formal requirements – the best written by hand or by a notary, which increases its validity and makes it hard to competition the content.
Important: By donating his work to charity, the heir may support the chosen organisation without having to pay inheritance and donation taxation if it has the position of a public benefit organisation.
The Hand-held Testament – a simple way to safe the future
Examples of Monroe and Lagerfeld show how the will allows not only to order the material side of its life, but besides to accomplish higher goals. In Poland, singles can make the most of this step – whether for family, friends or support for public benefit organizations.
It is worth remembering that knowingly drawing up a will does not require much time or complicated knowledge. The self-writing of the will in Poland is comparatively simple – it is adequate to compose a paper by hand, including your data, clearly defined property arrangements and the date and signature. A self-written (holographic) testament does not require the presence of a notary or witnesses, but for additional safety it is worth consulting a lawyer to avoid possible formal errors.
The information on the website is simply a description of the legal position at the date of publication and is not a legal advice on an individual case. The legal position of publication may change. The law firm is not liable for utilizing an alert to solve legal problems.
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Who will inherit the singles' fortune? How to avoid unwanted consequences?
