50% of Australians die without a Will.1
A Will is the cornerstone of an estate plan. It is a legal document that specifies how you would like your assets managed and distributed once you are gone.
Having a valid and up-to-date Will is essential, especially if you have complex needs such as providing for a second spouse, a blended family or a loved one with special needs.
Without a Will, you will die ‘intestate’ and your assets will be distributed according to a strict government formula, which varies from state to state, may be complex and time‑consuming, and may not be in line with your wishes.
Read our top five tips when writing a Will.
In conjunction with your legal or financial advisers, our estate planning lawyers can help you make the right decisions about how to transfer your wealth in the most tax‑effective way.
Having a Will is certainly a good place to start, but it’s just the beginning! A comprehensive estate plan involves so much more.
For more information on Wills or estate plans, please speak to your adviser or call us on 1800 882 218.
1. Source: moneysmart.gov.au, 2016