Caboolture Law offers one of the easiest and most cost-effective ways to obtain a will in the area. We can assist you with:
- Drafting and updating wills
- Estate planning
- Applying for Probate
- Deceased estate administration
- Letters of Administration (in the event that a will is deemed invalid)Claims against estates
- Supreme Court estate litigation
We always recommend keeping your will up to date as it makes distributing your estate far easier on your beneficiaries in what is already a hard enough time.
What Happens If You Don’t Have Will?
It is a good idea to have a Will regardless of the value of your Estate.
It is the only legal way to make sure that those who you care about will benefit from any property or other assets you leave behind.
If you do not have a legal Will, then your property and assets will be disposed of under the rules of Intestacy. Therefore it is possible the distribution of your property may not be as you would have wished.
A “Will” is also important because it names the Executors that are responsible for administering your Estate. In the event of any dispute, the executor will have the final say in your wishes.
Dying WITHOUT a Will is called “intestacy.” This means that your assets will be distributed according to rigid formulae set down by the laws of intestacy.
Those laws may:
- Force the sale of the family home or family car so any debits can be satisfied and allow other beneficiaries to claim their share of your assets.
- Not provide future financial protection for your children and grandchildren.
- Your assets could go to the government, if you have no relatives or any other person who are entitled to benefit.
SO DO YOU HAVE A WILL?
No, but I’ll get around to it you say!!
Did you know that if you die WITHOUT having a WILL you have died Intestate and YOUR WISHES may not be followed!
The best way to ensure your Estate is distributed to who YOU nominate, is to make a valid Will and keep it up to date.
Want To Know More?
To find out more about drafting and updating Wills, EPOA’s and AHD’s,