Taylor & Scott Lawyers are experts at drafting clear, unambiguous Wills and are committed to ensuring your wishes are clearly expressed.
The process of drafting a Will is relatively simple and inexpensive. Evelyn Gardis says a professionally drawn Will greatly assists in the cost-efficient administration of your estate and the smooth distribution of your assets to your beneficiaries.
WHY A PERSON SHOULD HAVE A WILL
Your circumstances may change overnight
Having a Will is extremely important. It is a means of ensuring as far as possible that your estate and assets are distributed as you would wish.
Without a valid Will, you are said to die ‘intestate’. Without a will a person’s estate may result in your estate being administered by someone you didn’t want to handle your affairs and your assets may be distributed to persons that you didn’t intend to give to. The implications for your loved ones can be complex and distressing. A Will ensures your wishes in respect of how your estate is to be administered.
You may have little in the way of assets and you may have young children. You should ensure your children are protected under your will by ensuring that a guardian is appointed to care for your children if both parents die. Your children may face difficulties without a legally appointed guardian, as guardians are required for educational, health and legal matters. It may also result in conflict in your family as to who will care for the children.
It is important to have a Will drawn whilst you are well and healthy. Making a Will while you have the mental capacity to do so means that it will be valid and binding even if at a later date your mental capacity is affected by an accident or disease. If you attempt to execute a Will when you are incapacitated the will may be challenged and declared invalid.
You should review your Will regularly. It may be that your circumstances have changed and your Will no longer suits your circumstances.
APPOINTING AN EXECUTOR OR TRUSTEE
Taylor & Scott carefully explain the legal responsibilities and obligations attached to the role of your appointed executor and/or trustee.. You may select your child, a relative, or a close friend. You may even wish to appoint your legal representative. We guide you through your options and explain in plain language what you should expect to happen on your behalf.
“HOME MADE WILL KITS” AND ONLINE FORMS
These maybe a cheaper alternative however these forms do not give you any professional advice with respect to your particular circumstances. They should be used only in the most basic of circumstances and there is no guarantee for you or your beneficiaries that they have been validly completed. In the end it is much cheaper and less stressful for your loved ones to get professional advice. Taylor & Scott are experienced in handling Wills The importance of a professionally-created will cannot be underestimated. “Most people do not realise that a badly drafted Will, such as a “homemade” Will -could be declared invalid, or lead to family disputes over your assets.
At Taylor and Scott Lawyers, we care for you. Contact Evelyn Gardis or Tiffany Taleski on 1800 600 664 or email us by filling the contact box on the right of this page.