Why you should not wait till terminal illness to prepare a will.
Hi people, I received terrible news concerning one of our retirees. She had been processing her retirement benefit for over a year now, gathering the relevant documents and all. Alas the time for payment came, and just a few days after she received approval from Pencom, she passes away. The story was very touching because she had two little ones, but her two sisters were the ones that filed for her death benefit. In Nigeria, ones that happens, then the poor little ones won’t get to share out of the money. If she had drawn up a will, specifically instructing her lawyer to ensure that all her pension benefit and any other payment be legally transferred to her children, then all these quagmire would not have been encountered.