An up-to-date and professionally written Will is one of the most important documents you will ever have. The purpose of a Will is to explain how you would like your assets to be distributed when you pass away and the person or organisation you would like to be responsible for carrying out your wishes. Every year, nearly 2,000 Tasmanians make their Will and estate plan with the Public Trustee. Due to the complex nature of Wills, it is advisable that you have it prepared by experts like the Public Trustee. When you prepare a Will with the Public Trustee you have a choice about who you can appoint as your Executor.
You can choose:
to appoint any adult with legal capacity to be your executor/s. The Public Trustee will be a substitute if none of your appointed executors can or want to take on the role;
- the Public Trustee as your sole executor.
Unfortunately, many people do not have their estate distributed the way they had intended. Our studies show that 30% of Tasmanians over the age of 30 do not have a Will, as well as almost half Tasmanian families with children under the age of 18. This leaves Tasmania’s youngest generation vulnerable in the unfortunate event of both parents passing away.
Make or update your Will
It is wise to make or update your Will when your life circumstances change. If you would like to update your Will or make a new Will with the Public Trustee, please fill out our appointment booking form and a representative will contact you to confirm your appointment.