This is a great question that everyone should consider. The answer is any person over the age of 18 should have a legal will.
Nobody enjoys contemplating death. Exercising your right to create a legal will in Australia is not about dying. It is about living. Your legal will ensures that in the unlikely event you die prematurely, your assets will be accounted for precisely in the manner you would like. The reason a legal will is about living is that when your wishes are properly documented it sets in motion a plan to distribute your holdings to any person, place or thing you so desire.
That distribution can include your immediate family, your not-so-immediate family, a favorite charity or organisaton or a special friend with whom you may not be officially bonded, like a fiancée or unborn child, who may have no legal rights without your will.
Who needs a legal will In Australia? Everybody.
Even if you presently have no assets, you might be surprised how a will can come into play. In a worst-case scenario, you are young, totally filled with life and struck fatally by a vehicle. What will happen to the insurance proceeds? Suppose on the very next day, your lottery ticket cashes in? Will you trust the judicial system to distribute those assets as you would want?
Good luck! Wishful thinking, my friend. And, without a will, our judicial system will not only administer your estate assets but it will take its own share of the pie.
Who needs a legal will in Australia? You do. And, you need it today.
A valid will is created using these important steps.
- Prepare your will in writing.
- The testator (will writer) signs and dates the document with two witnesses who are over the age of 18 and are not beneficiaries or married to a beneficiary of your estate.
- Keep your document in a safe place, or even better, have Will Store Pty Ltd store your Will in a secure fireproof facility.
- Go about living life to the fullest.
- Review your will every 3 – 5 years and make necessary changes at any time your living and relationships change.
Simple isn’t it?
However, the really good news is that creating a will with legalwill.com.au is a simple and straightforward process and you can prepare and print off your Will within about 45 minutes.
Who needs a legal will in Australia? Everybody.
Have it your way for the rest of your life. Create and manage your will with legalwill.com.au today and get on with living. After all, that’s what legal wills are all about.