A Will is one of the single most important documents a person can have; yet, so many of us put off dealing with it for far too long.
Many Australian’s assume that they’re “too young” to need a Will.
Some people believe that they don’t own enough assets or have a big enough net worth to necessitate a Will. You might even think it’s too late to start your first Will.
Wills Estate’s mission is to explain that regardless of your age, net worth, or stage in life, having a legally binding Will should be a top priority.
One of the things that puts people off legal documents generally is that they are filled with jargon and heavy language. Sadly that’s true, and in some respects it is unavoidable.
Your will is one of the most important legal documents you’ll ever come across. There are many words and phrases which need to be included in order to have full legal effect, and so that when it comes to interpreting them later on, there is no room for doubt what is intended by them.
That doesn’t mean, however, that you have to learn all the language in order to arrange your affairs. Using a straightforward system such as ours enables you to think about things in your own way, and leave us to turn it into the proper legal form.
Wills Estate steps you through these complexities and makes sure you are covered in case of an unexpected event.
Why are Wills important?
Just like going to the dentist or doing taxes, many of us put off writing our Will because it’s something we don’t really want to think about. But if you aren’t specific in how you would like your estate to be distributed after you die, if something were to happen to...
Do young people need a Will?
Don’t leave anything to chance Remember when your parents used to say that you were growing up too fast? And you thought, it’s not fast enough! The thing about growing up is that before you know it, you get swamped with mortgages, insurances, paying taxes,...
What is a beneficiary?
A beneficiary is a person who receives all or part of the distribution from the deceased estate. There are two types of beneficiaries that are included in Wills. It’s important to understand the difference so that you can think deeply about how you’d like to divide...
What is an executor?
An executor is a person (or sometimes more than one person) named in a Will to carry out the wishes of the Will-maker after their death. Often solicitors or specialist trustee companies are named as executors. The most critical activity undertaken by the appointed...
What is a Will?
A will is a legal document that spells out your wishes regarding the care of your children, pets as well as the distribution of your assets after your death. Put simply, a Will is a legally prepared and bound document that states your intentions for the distribution...