Having a professionally written, up-to-date Will is important for a number of reasons.
Having a Will can:
- ensure the right people are provided for when you die;
- enable your assets to be distributed according to your wishes;
- minimise disagreements among those who expect to benefit from your estate;
- help those who are responsible for managing your estate understand how you would like your affairs managed;
- enable your estate to be settled efficiently.
While everyone’s situation varies, some of the reasons why you should have a Will and estate plan are:
- YOU decide how your estate will be distributed;
- YOU decide who will take care of your minor children;
- YOU will decide who your executors will be;
- to potentially avoid a lengthy estate administration process – it will save your family or loved ones unnecessary distress at an already difficult time.