If you die without leaving a Will, your estate will be divided according to an arbitrary formula set out in the Administration Act. The people you’d like to benefit may not end up with your assets. Contrary to popular belief, your spouse may not get everything!
If you want a specific friend or family member to take care of your children when you die you need to appoint them as guardian in your Will. If you don’t, the Court may choose a guardian for you.
A properly drafted and signed Will will enable your estate to be wound up with minimum hassle and cost.
By making a Will, you can appoint a trusted friend, family member or professional to take control of your estate on your death.
A Will gives clear directions to your family and friends, making it easier for them to deal with your assets when you die. This will help avoid unnecessary stress in circumstances where your family are already grieving.
If you are a sole director and shareholder of your company and die without a valid Will, your death may leave your company without any person properly authorised to immediately manage your business.
Unless your Will specifies otherwise, your Will is revoked when you marry or divorce.
Depending on the size of your estate it may be worthwhile considering setting up a testamentary trust to reduce the amount of tax that your beneficiaries will pay on the income received from your estate.
If your affairs are straightforward, you can give us instructions to prepare your Will using our online form. The whole process should take you less than 20 minutes.
Although making a Will may be daunting, it doesn’t mean you are about to die! What it does do, however, is give you peace of mind.
Making your Will should be an easy task, so we keep it that way. We’ll make your Will and arrange for you to sign it on-the-spot. There’s no need to come back for multiple appointments.