Wills and Estate Planning
Did you know that more than half of all Australians don’t have a will or estate plan in effect? So why is having a valid and effective will important?
In summary a will gives you control over who benefits from your estate and saves your surviving loved ones a major headache. If you pass without a will in place, your surviving beneficiaries must go through the intestacy process which means the following:
The legislation for intestacy decides who benefits from your estate, not you;
The process for intestacy can be a costly process and includes attaining Letters of Administration; and
The process can be lengthy sometimes taking over a year to finalise.
Overall, having a will in effect is an important document for any adult. Not only does it give you peace of mind, it also helps your loved ones and surviving beneficiaries.
Preparing your will and estate plan is easier, faster and more affordable than you may think. If you would like us to help with your will and your estate plan, please contact us for an obligation-free consultation and quote.