Do you have a Will. Ensuring it is updated is crucial
Have a Will? Here is why ensuring it is updated if your circumstances change is crucial!
Making a Will can be a daunting task and updating an existing Will is often put off as a task for another day. However, having a properly prepared or updated Will that reflects your current circumstances, can give you peace of mind that your hard earned assets will get distributed exactly how you wish for them to be distributed upon your passing.
It can also save your Estate from excess legal fees resulting from improperly prepared or outdated Wills that do not reflect your circumstances at the time of passing.
There are so many different things that can arise in life that may mean our circumstances change giving rise to a Will that no longer reflects our current situation.
Click here to watch the story of Shelley and what happened to her Estate as a result of not getting around to updating her Will.
If you watched Shelley’s story you will see why it is so important to ensure your Will is updated. There are so many factors that can also impact your circumstances such as marriage, divorce, having children or grandchildren, change in property ownership holdings, involvement in business, companies trusts or self-managed super funds or excluding a child from a Will without proper documentation and more.
If you do not have a Will, need to update your existing Will, or would like advice on your current Will to see if it needs updating, contact us today! Doing this now not only gives you peace of mind, but can also save your Executors a lot of stress down the track!