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You have the Will-Power! Become a superhero and take the step to prepare your Will and Enduring Power of Attorney during National Wills Week.
A Will isn’t just about high value assets. If you have a pet, car, superannuation, jewellery, or collectables you can express your wishes about what happens to these after you’re gone. You can even state what happens with your social media accounts and important desires such as who will look after your children.
Research shows that people aged 40-65+ think about putting a Will in place but don’t take the next step. In fact, approximately 50% of Australian adults do not currently have a valid Will. Its time to start thinking about your assets and what you would like to happen to them. Make an appointment with a solicitor or legal centre and ensure your legacy is secured by making it official.
Standard v Complex Wills
Standard Wills are suitable for people that do not have complex needs and do not require direct legal advice. They are best suited to individuals whose family and asset circumstances are straightforward, for example, if all your children are from your current relationship or if you do not have children. Complex Wills are best suited to members that have blended family situations or hold complex assets such as self-managed superannuation funds (SMSF), a business or family trust. Often, they will need the direct advice and guidance of a lawyer to ensure their Will appropriately meets their instructions.
Create your Will with Safewill
Safewill is the leading provider of Will-writing services in Australia, with a focus on bringing Wills into the 21st century through the leading use of digital technology. Safewill is supported by Safewill Legal, a specialist Wills and Estates law firm servicing more complex clients with estate planning and probate services. The cost is $120 for a single standard Will, or $200 for couples. If you would require a complex Will you can do so for $359.
The Public Trustee and Guardian (‘PTG’) offers Will making services to the community in the ACT and the surrounding area (such as Murrumbateman, Yass Valley, Bungendore, Queanbeyan Region, etc.). This service is provided for a fee or free of charge for persons experiencing financial hardship.
PTG recognises the need to support the ACT community and deliver enhanced service options and has partnered with Safewill to offer online standard Wills in addition to our traditional in person service. PTG’s partnership with Safewill allows the community to access an easier, quicker Will-service with significant benefits to those who require a simple Will, have access to and feel comfortable in making their Will online, and/or do not wish to attend a meeting at the PTG’s offices. Safewill also offers a Complex Will service to cater those with more complex needs and want to talk with a qualified Wills and estates lawyer.
Safewill is also offering free Standard Wills to Canberrans during National Wills Week. To claim your free Will, visit the PTG’s website and enter code WILLPOWER at the checkout.
The Money & Life website is operated by the Financial Advice Association (FAAA). The views expressed in this article are those of the author and not those of the FAAA. The FAAA does not endorse or otherwise assume responsibility for any financial product advice which may be contained in the article. Nor does it endorse or assume responsibility for the information accessible via any links provided in the article. Please consider seeking advice from a qualified professional to ascertain how the information in this article and the links provided may relate to you.
