Page 103 - Managing Your Resources - Student Syllabus - short combined

tenants in common. And the surviving spouse shall have a life interest in that house which shall
determine upon that spouse's remarriage.
However, where the estate includes more than one house, the surviving spouse or child or both shall
determine which of the houses they shall occupy and the remainder shall form part of the estate.
What if the intestate is survived by more than one widow or a child from any of them?

Section 10 states that, each widow or her child or both of them shall be entitled -absolutely to the
homestead property of the intestate but where the total value of the estate does not exceed K30,000
the estate shall devolve upon the surviving spouse or child of the intestate or to both. And where there
is no surviving spouse or children, the estate shall be handed to the surviving parent.

If you don’t live in Zambia, you might check with your state regulations about how they would divide up
your estate should you die without a will?

How can I make a will? The following exerpt is from wtop.com entitled, 10
Steps to Writing a Will. (https://wtop.com/news/2014/09/10-steps-to-writing-a-will/amp/)

The hardest part of writing a will is often finding the will to write it. After all, it's a
document you hope won't be used for a long time. By writing it, you're
acknowledging that you may not be immortal. Add in the many other activities that are more fun than
writing a will, like going to the beach or hanging out with friends and family, and you have a surefire
recipe for procrastination.

If you’ve been putting off the task, here's your chance to cross it off your list. Get started now, and finish
your will in 10 relatively easy steps.

1. Lawyer, online software or do it yourself
You have the option to write your own will, but it must be written in such a way as to be clear and
understand the legal aspects of writing a will. If you decide to write your own, considerable time should
be spent in researching the ways wills are constructed. Another option is to go online and use software
to create your will. There are services that offer free wills (www.lawdepot.com/OnlineForms/LastWill)
or some that do not charge a great deal. If possible, you should consult an attorney who can create your
will.

2. Select your beneficiaries. When you die, someone is going to get your money,
your house and your electronic equipment. You probably won't have to think long
about beneficiaries, unless your family structure is complicated. There will be a
place to identify beneficiaries on the form, and if you have an attorney, he or she
will write your will for you. But it isn't a bad idea to first get everything on paper,
just for your own thoughts.

3. Choose the executor of your will. This person is tasked with making sure the wishes in your will are
carried out, so you'll want to choose someone who is responsible. This person should be able to
interface with government officials and with your family.

If you designate one of your children as the executor, and your children don’t get along, that could also
be a problem. In the interest of "family harmony," you may want to consider designating a neutral party,
like a bank or a friend. The job of executor is also difficult work, and even a trusted, smart family

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