Do you need to prepare your Will? Or revise your current Will?

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While we don’t like to think of dying or anything associated with it, it’s really important to have a Will in place. No doubt, the people closest to you will be struggling with losing you, and having a clear Will can avoid unnecessary, additional stress.

There are reasons to update your current Will. If you marry or divorce, this will affect the legality of your Will. If you separate, this will probably change what you want to happen to your assets.

Leaving a person out of a Will does not necessarily mean they won’t be entitled to something from your estate. Having a well drafted Will can help prevent a claim being made by someone you haven’t provided for in your Will.

A Will deals with your estate when you die. It’s important to consider your changing needs while you are alive, which is why you should also consider preparing a Power of Attorney and Appointment of Enduring Guardian.

For a variety of reasons, including medical incapacity, you may be unable to deal with your finances.  A Power of Attorney enables another person to look after your finances, for example pay your bills.  The Power of Attorney can be for a limited time, for example, for a period of time while you are travelling overseas, or can continue until you revoke it or you die.

An Appointment of Enduring Guardian enables a person to make medical and lifestyle choices for you.  You may prefer specific medical treatment, for example, if you have a terminal illness or suffer serious injuries in an accident, you may not wish to receive treatment which prolongs your life but does not improve your quality of life. This is something you can include in your Appointment of Enduring Guardian to ensure you receive the treatment you want and make a very difficult time less stressful on your loved ones.

Contact us today to discuss your options.

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