A Will is a document that states how you would like your assets to be distributed when you die, and the person or organisation you would like to be responsible for carrying out your wishes.
Your Will is probably the most important document you will ever sign, so it is advisable that you have it prepared by an expert like the Public Trustee. The Public Trustee prepares Wills when appointed as the sole executor.
Our studies have shown that 30% of Tasmanians over the age of 30 have not prepared a Will. There are also many other Tasmanians whose estate may not be distributed the way they may have intended because they did not have an up-to-date Will when they passed away.
It is also alarming to note that nearly half of Tasmanian families with children under the age of 18 have not prepared a Will, leaving Tasmania’s youngest generation vulnerable in the unfortunate event of both their parents passing.
How the Public Trustee can help?
When you appoint the Public Trustee as Executor and make your Will with us you have peace of mind knowing that we will administer your estate fairly, impartially and in the best interests of all concerned.
- We keep beneficiaries informed of progress during your estate administration; explaining, understanding and consulting before any major decisions are made.
- We carry out your instructions and your dedicated Client Account Manager will ensure the well-being of your beneficiaries is our first concern.
- The time to complete administration of your estate will depend on the size of your estate and the terms of your Will. Have peace of mind knowing exactly how much this will cost no matter how long it takes and that your beneficiaries will not be receiving unexpected invoices for administration long after you have passed away.
- The Public Trustee works with banks, insurance companies, real estate agents and all organisations connected with your assets. We arrange payment of any outstanding bills and collect any money that is owed to your estate. If you own a business we will arrange for it to carry on or be sold according to your instructions and in accordance to the law.