Do I need to make a Will
What happens if I don’t make a Will?
Dying without a Will (Intestate) means your total assets do not always automatically pass to your spouse, partner, or loved ones. It can cause confusion and conflict.
Who do you want your assets to go to? What about special memorabilia?
Dying without a Will means the family are left adrift without a compass showing them where to go and how to manage your affairs.
If you have a superannuation policy, then the superannuation company may decide to pass a portion of the super over to your wife and leave the rest in trust for the children. This can mean hardship for your partner while trying to make house payments and raise a family.
For single people dying without a Will the beneficiaries of their estate will be their parents and brothers and sisters in accordance with Section 14 of the Administration Act 1903 and amendments.
We live in complicated times
Families today can comprise of many members. Complications may arise in “blended families” – the his kids, her kids and our kids situations are increasingly common, and partners and ex-partners can add to the confusion.
The potential for conflict in our generation is greater than it has ever been.
Your Will ties together your lifetime of work and planning and how you want your assets distributed among your family including special mementos that you may want to be kept by a specific loved one.
It’s one of the most important documents you can make, and it can be prepared easily and with no fuss or stress by Guardian Wills and Probate, leaving you to carry on with enjoying your life.