The Importance of Making a Will

A will is a document by which a person may direct the way in which his or her property may be dealt with upon and after death. In accordance to the will the named person/s will receive the property and or possession and that person would be known as a beneficiary. Property and possession includes everything you own, your home, car, land, money in bank accounts, insurance policies, shares, pictures etc.

In order for the will to be valid the following must be satisfied in summary they are:

1. It must be in writing

2. It must be signed by the will maker

3. At least two witnesses must sign the will in the presence of the testator.

What if I marry or divorce?

Upon marriage it is very important to make a new will as generally speaking marriage cancels out any prior will. However there are exceptions which we can discuss with you if the need arises.
Getting a divorce or being separated for any extended period also requires the making of a new will or we can make you a formal addition (called a codicil) to the existing will.

Can I alter my will if I change my mind?

Yes. You are free to alter your will at any time. If your situation changes, you can and should alter your will. However, an alteration cannot simply be made by crossing something out of the original will and writing in the new wishes. If the changes are minor we can make you a codicil but it is normally better to make a fresh will unless the change is very simple. A codicil must also be signed in the presence of two witnesses.

If you do not have a will we urge you to make one to protect you and your family and if you already have a will but wish to have it altered please contact us for a professional friendly service so you know your loved one are protected.

If you would more detailed information about your Will, please visit our Wills & Estates website 

www.willsandestates.com.au

Please feel free to contact us is you would like more information or advice in regards to your Will. Complete and submit the Express Enquiry form on the top right hand side of this page and we will contact you to discuss your enquiry or call us on 1300 QUINNS (1300 784 667) or on +61 2 9223 9166 to arrange an appointment.