Possess property that you wish to give to a loved one upon your passing? Want to assign a guardian to your children during your absence? A Will is your fix to make sure there is no mix! The common misconception is that your belongings, upon your passing, will directly go to your next of kin, but this is not the case. In India, households have disputes with regard to asset distribution. Thus, creating a Will ensures that the asset distribution in the family is as per your wish and there are no disputes. Most of the times, lawyers draft the final Will of a person, making it important for them to understand the concept well.

This course dispels common misconceptions on drafting a Will. Terminologies associated with creation of Wills, along with types and clauses that make a Will valid, are discussed in great detail. Sample formats of Wills have also been provided to help you understand and provide you pointers on how to draft your own Will. The course is also helpful for lawyers as they are able to advice those in need.

Course Outcome

After completing this course, you will be able to:

• Dismiss common misinterpretations
• Identify the key definitions associated with drafting of a Will
• Analyse the benefits of drafting a Will
• Differentiate between types of Wills
• Understand the need and way to draft a Will

Course Outline

• Module 1 – Will and Testament: The Concept
• Module 2 – Law of Succession
• Module 3 – Making of a Will
• Certification Exam/ Assessment

Possess property that you wish to give to a loved one upon your passing? Want to assign a guardian to your children during your absence? A Will is your fix to make sure there is no mix! The common misconception is that your belongings, upon your passing, will directly go to your next of kin, but this is not the case. In India, households have disputes with regard to asset distribution. Thus, creating a Will ensures that the asset distribution in the family is as per your wish and there are no disputes. Most of the times, lawyers draft the final Will of a person, making it important for them to understand the concept well. This course dispels common misconceptions on drafting a Will. Terminologies associated with creation of Wills, along with types and clauses that make a Will valid, are discussed in great detail. Sample formats of Wills have also been provided to help you understand and provide you pointers on how to draft your own Will. The course is also helpful for lawyers as they are able to advice those in need.

COURSE OUTCOME

After completing this course, you will be able to:

• Identify what a contract is, its purpose and significance
• Learn how to form a contract keeping in mind its essentials
• Recognize the different types of contract including special contracts
• Assess the contractual breaches and available remedies
• Draft a contract with important clauses

COURSE OUTLINE

• Module 1 – Introduction to Law of Contracts
• Module 2 – Essential Requirements of a Contract
• Module 3 – Legal Object, Lawful Consideration and Free Consent
• Module 4 – Types of Contract
• Module 5 – General Contracts – Components and Drafting Guidelines
• Module 6 – Essential Clauses of a Contract
• Module 7 – Elements of Contract Drafting & Negotiating a Contract
• Module 8 – Drafting the First Draft, Stamping & Registration
• Module 9 – Discharge of a Contract
• Module 10 – Breach of Contract – Remedies & Dispute Resolution Methods
• Module 11 – Mitigation of Damages and Cancellation of Contracts
• Module 12 – Drafting Guidelines for Various Types of Contracts
• Module 13 – Contract Law - In a Nutshell
• Module 14 – Appendix
• Certification Exam