It is of utmost importance that you have a valid and legal Will. It ensures that, upon your death, your assets are distributed by people you trust in accordance with your wishes.
In some cases, Wills can be contested and determined to be invalid due to errors or omissions. This is just of the many reasons that your Will should be drafted by an experienced lawyer.
If you have a Will, it should be updated following significant life changing events including marriage, remarriage, separation, divorce, the birth of a child, the death of your partner or spouse. This will ensure that your Will continues to accurately reflect your wishes. Generally speaking, it is good practice to review the contents of your Will every five to seven years.
If you do not have a valid Will in operation at the time of your death the Public Trustee may be appointed to manage the Estate and will charge a fee to do so. In this case, your true wishes may not be taken into account.
The potential cost of not having a valid Will is insignificant when compared with the cost of preparing one.
Wills & Estates Services
Amra had an eye for even the smallest detail, like ensuring we were using the right pen when signing our Wills. And as a bonus, Amra offered to make sure the original copy of our Wills was kept in their secure storage, instead of a shoebox in our cupboard at home.
Do you want more information? Download our Wills & Estates brochures here: