Having a properly prepared Will is the only way to ensure loved ones are appropriately provided for in the event of your death.
Dying without a Will can result in dire consequences as your estate will be distributed in accordance with a fixed formula determined by the government, regardless of your wishes. Recent changes to these formulas in some States make it more imperative than ever that everyone has a properly prepared Will.
Surprisingly however, after years of hard work and the accumulation of assets, a majority of Australians do not have a current Will, and those who do rarely review them.
Having a Will is not compulsory; however it offers many benefits and will ensure that:
- Your estate is distributed as you wish
- Your preferred executor is appointed
- You choose the guardian for your children
- Vulnerable beneficiaries are protected
The following sample legal document is provided by Family Law Express for informational purposes only. It is intended to be used as a guide prior to consultation with a solicitor or other legal professionals familiar with your specific legal requirements and circumstances.
Family Law Express does not provide legal advice and we stress that this sample legal document is not a substitute on its own for consultation with a solicitor and/or other legal professional. If you intend to legally rely on a sample legal document acquired via the Sample Legal Document module on Family Law Express, you should seek expert legal advice from a suitably qualified legal expert to ensure that the document meets all legal requirements for your state or other jurisdiction.
Categories: Sample Will, Wills & Testaments
Tags: sample Will, Will, will and testament