Do I need a Will?
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Do you:
Own property in Australia?
Have children or planning to start a family?
Want to be in control of who receives your assets?
Are you:
Separated from your partner / spouse?
Living as unmarried partners or planning to marry?
From the UK (or own property thee) and have concerns about UK Inheritance Tax?
If you can answer YES to ANY of these questions, then you should look to write a Will.
Most People know the importance of making a Will but for one reason or another you just never get around to it. Perhaps you believe you don’t need one because you don’t have much in the way of savings or assets, or just put it off because there’s always something better to be doing?
If you don’t leave a Will, the government will decide how your assets are to be distributed and it doesn’t always happen the way you might think. Not only can this be traumatic for the family members left behind, but also time consuming and costly for everyone involved. The best decision you can make is to commit to writing a Will and James McKenzie are here to help.
Peace of mind
By writing a Will you and your loved ones can have complete peace of mind. There are several benefits to having a Will. You can:
- Ensure your assets go to the people you want to leave them to and at an age you want them to inherit – with no Will, children inherit at 18.
- Nominate who you want to act as the Executors and Trustees of your estate to ensure your instructions are followed.
- Choose the people you want to raise your children (the Guardians), rather than leaving the decision to the courts and Family Services.
- Ensure your family does not face unnecessary distress, financial difficulties and lengthy, expensive, legal proceedings during their time of bereavement.