The Fundamentals: Wills and Estates

Written by Chamberlains

Written by Chamberlains

2 min read
Published: October 2, 2020
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Do I need a Will?

Everyone needs a Will. Nobody likes thinking about their own death, but having a Will puts you in control and can save money and avoid costly disputes. If you die without a Will your estate will be distributed according to a legislated formula which may not be in accordance with your wishes.

I have a Will, do I need to update it?

You should review your Will every 2 to 3 years or after every major life event such as:

  • Getting married or divorced
  • Having children
  • Buying and selling property
  • Starting a business
  • Death of your proposed executor or beneficiary

We can help advise whether your Will is valid and whether it should be updated.

Why should I use a solicitor?

Drafting a Will is more than deciding who gets what. You need careful planning and consideration. We can provide tailored advice to suit your specific circumstances, especially if you have children, are in a second marriage, are a company director or if you have more complex estate planning needs, such as testamentary trusts

Our estate services include:

  • Estate planning advice
  • Wills
  • Powers of Attorney
  • Testamentary trusts
  • NSW Enduring Guardianship
  • Probate
  • Estate Administration

If you have questions or you need help, contact our Wills and Estates specialists team today.

Create your standard Will today on: Chamberlains Online Wills

Interested in learning more on Wills and Estates?

Click our recent articles below to find out more:

Deceased Estates and Bankrupted Beneficiaries

Discretionary Trust Duty and Land Tax Surcharges

What is a Power of Attorney?

If you have any questions or concerns regarding wills and estates, contact Alison McNamara on 02 6188 3600