Wills & Estates
Estate planning is something that most people choose to put off and not think about. However, when you die, estate planning is the best way to ensure that your wealth and investments are distributed the way you wish.
As part of your Estate planning you will need to consider:
- Drafting a Will that is legal and works
- Who do you wish to be the executors of your estate
- What forms part of your “Estate”
- Whether you wish to give to charity
- Whether you require a Power of Attorney or Appointment of Enduring Guardian (in NSW)
- Who will be your beneficiaries
- Will there be any tax implications
A Will is a legal document which sets out your wishes for the distribution of your estate following your death.
A Will is the only way to make sure your estate is distributed in the way you wish. A will may also make life easier for family and friends after your death.
It is our recommendation that everyone over 18 years should have a Will.
Anyone over the age of 18 years can make a Will.
A Will remains current until such time as you marry, die or execute a new Will.
Yes, provided you have testamentary capacity. We recommend that you update your Will following any life changing events i.e. a death in the family, marriage or divorce.
BDN are happy to hold your Will in safe custody. We do not charge for this service.
Everyone over the age of 18 years should have a valid Will.