Welcome to "My Last Will (PVT) Limited"

We facilitate and coordinate to prepare your LAST WILL in the best possible manner! There are plenty of ways to get in touch with us as a 'Trusted Confidential" partner for you.

 
 
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E-mail Address
info@mlwkandy.com
IMPORTANT INFO
We are now up and running... Please reach "My Last Will (PVT) Limited" to prepare your LAST WILL in the most efficient manner.......

Problems that may crop up due to the lack of a last will

If you fail to write a last will stating the manner in which the property should be divided, delays and problems in distribution of such property may occur after your death.If no will has been written, as a result of you wishes not being recorded, division of your property may take place not as you expected but in terms of the current law.In addition, your heirs will have to bear certain expenditure to get the possession of such property.


Preparing a last will is easy as 1,2,3….

  1. All you need is click the above link…
  2. Enter basic mandatory information…
  3. Submit the request to MLW to coordinate the rest… Click here


Do you want to write your own last will now?
It is written evidence documented by a living person on how his/her property/wealth is inherited after his/her death as expected by him.


Write your “Last Will” now ?
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About Us

About Us

Located in the heart of the city of Kandy Sri Lanka, in 911/2 -1/1, Peradeniya Road, Kandy, Sri Lanka, My Last Will (Pvt) Limited is striving towards its commitment to provide comprehensive advise and coordination in writing your own LAST WILL at your own convenience.

Frequently Asked Questions

The document executed by a living person stating the manner in which his/her ‘TANGIBLE AND INTANGIBLE WEALTH' be distributed, and how such property should be inherited up on his/her death.
  1. It is the written evidence executed by a living person that how his/her property is inherited after his/her death as wished by him.
  2. Through the transfer of your 'Tangible and Intangible Wealth' via your LAST WILL, you can fulfill your obligations without delays to your loved ones up on your expiry.
  3. If you intend to set apart a part of your property to any outsider other than your nearest relatives or for any charitable organizations, that can be also facilitated through the same LAST WILL.
If you fail to write a LAST WILL stating the manner in which your property/wealth should be divided, delays and problems in distribution of such property may occur after your death. If there is no LAST WILL executed by you, as a result, your ultimate wishes may not being obliged and division of your property may take place in a manner not in line with your expectation, but in terms of the prevailing law. In addition, your heirs will have to bear certain legal, arbitration and administration expenditure to get the possession of such property/wealth.
You have the total right to devise your property according to your wish. The following key facts could be included in the LAST WILL.
  • A clear statement declaring the manner in which you expect to distribute your 'Tangible and Intangible Wealth' should be included.
  • If there are minors, a guardian can be appointed for taking care of them OR a statement in such a manner that covers such interest if the beneficiaries are still minors at your demise.
  • It may include instructions on the manner in which the funeral should take place.
  • An executor can be appointed for the purpose of dividing the estate properly.

A person can appoint the Public Trustee, ATTORNEY-AT-LAW & NOTARY PUBLIC as the executor of his last will, if he wishes so. A receipt is issued in acknowledgement of its safety to a person who places the last will in the custody of the Public Trustee, ATTORNEY-AT-LAW & NOTARY PUBLIC and the person who submits that receipt after his death can have the last will opened. If the Public Trustee has been appointed as the executor then he could intervene for the commencement of testamentary proceedings and if the Public Trustee has not been appointed as the executor,

The LAST WILL is then released to the executor mentioned therein for necessary action,

If you need to appoint the Public Trustee, ATTORNEY-AT-LAW & NOTARY PUBLIC as the executor / trustee of your last will, all you have to do is to add the clause “I do hereby appoint the Public Trustee, ATTORNEY-AT-LAW & NOTARY PUBLIC of Sri Lanka as the executor of my last will" or if you wish to appoint him as the trustee as well, to add the clause “appoint the Public Trustee of Sri Lanka as executor and trustee of my last will”.

A “Last Will” - No one can change, but only you can.

It is the best thing that you can leave behind your loved ones….

Importance of Last Will

The document executed by a living person stating the manner in which his/her ‘TANGIBLE AND INTANGIBLE WEALTH' be distributed, and how such property should be inherited up on his/her death.
  1. It is the written evidence executed by a living person that how his/her property is inherited after his/her death as wished by him/her.
  2. Through the transfer of your 'Tangible and Intangible Wealth' via your LAST WILL, you can fulfill your obligations without delays to your loved ones up on your expiry.
  3. If you intend to set apart a part of your property to any outsider other than your nearest relatives or for any charitable organizations, that can be also facilitated through the same LAST WILL.
If you fail to write a LAST WILL stating the manner in which your property/wealth should be divided, delays and problems in distribution of such property may occur after your death. If there is no LAST WILL executed by you, as a result, your ultimate wishes may not being obliged and division of your property may take place in a manner not in line with your expectation, but in terms of the prevailing law. In addition, your heirs will have to bear certain legal, arbitration and administration expenditure to get the possession of such property/wealth.
You have the total right to devise your property according to your LAST WILL. The following key facts could be included in the LAST WILL.
  • A clear statement declaring the manner in which you expect to distribute your 'Tangible and Intangible Wealth' should be included.
  • If there are minors, a guardian can be appointed for taking care of them OR a statement in such a manner that covers such interest if the beneficiaries are still minors at your demise.
  • It may include instructions on the manner in which the funeral should take place.
  • An executor can be appointed for the purpose of dividing the estate properly.

About Us

Things to keep in mind when writing a will

The People Involved in a Last Will and Testament

The LAST WILL is a document that details the desire of the person who has passed away. It requires more legally acceptable beneficiaries and an executor to legally enforce such LAST WILL. The type of people who need to exist for the execution of a LAST WILL to be enforceable are:

1. The Executor

An executor is the person who is responsible for ensuring that your LAST WILL is executed. This is a person who you trust; someone who has the authority to make your wishes come true in the best possible way. You can choose a family member to be the executor but you might run into problems if you do. If the executor does not appear to be working in the best interests of the beneficiaries then the LAST WILL could be contested and even annulled. Picking a family member may also leave chances for favoritism. Therefore, many people choose their lawyers to be the executors.

The executor has a lot of power which is why it is necessary that it be someone who is capable of carrying out the task. For example, if you are leaving a house, then you might order the executor to have the house sold and the money generated be divided equally among all your children. To ensure that your children benefit as much as possible it is important that the executor knows how to get the best price for your house. Ensure that your executor will know how to deal with your assets.

2. The Beneficiary

The beneficiary is a person to whom you leave behind something to in your LAST WILL and testament. There can be multiple beneficiaries as well. There is no limit to how many can be a marked in as beneficiaries; it can be a person/s or you can donate your wealth to an organization/s. People who do not have any 'next of kin' often end up leaving their wealth to a charity or to a project they really believe in.

If there are multiple beneficiaries then you need to ensure that your outline the LAST WILL properly. Make sure that all your assets have been accounted for and that you have mentioned what should be done with them. You may decide to divide what you leave behind equally among all the beneficiaries or you may divide your wealth as you see fit. It is important to be clear about the division to ensure that there are no problems/complications between the beneficiaries and that no one claims to have been treated unfairly by the executor.

3. Alternate Beneficiaries

You can also assign alternate beneficiaries in case the main beneficiaries are no longer alive. The alternate beneficiaries will not get anything if the main beneficiaries are available to take the inheritance but in their absence the alternate beneficiaries will be treated like main beneficiaries. It is important to assign alternate beneficiaries because none of us know what might happen in the future. It is doubly important to have alternate beneficiaries if your beneficiary is the same age as you, for example your wife or husband.

4. The Witnesses

The witnesses are the people who are there to attest that you were of sound mind and not under any stress when you signed the LAST WILL. It is necessary for legal documents to be ironclad; if there is some doubt about the authenticity of a legal document it could result in a lot of trouble. Which is why you need two people to be there as WITNESSES who can attest to the fact that no one forced you to write the LAST WILL and that you were mentally sound while doing so. People who cannot be considered mentally sound cannot create any type of contracts according to the law.

The Prevention of Frauds Ordinance

set out the requirements relating to the execution of Last Wills in Sri Lanka.

Contact Persons

Director - Finance and Administration
MRS. NILUSHA T DE SILVA
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Executive Chairman / Managing Director
MR. RANIL DE SILVA
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Business Operations and Compliance
MS. UDARA SOMACHANDRA
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When time is near ?

A LAST WILL and testament is a legal document that communicates a person's final wishes pertaining to possessions and dependents. A person's LAST WILL and testament outlines what to do with possessions, whether he/she is leaving them to another person or group or donating them to charity, and what happens to other things for which he/she is responsible, such as custody of dependents and accounts and interests he/she managed.

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