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Wills
A Will is a written document setting out how you wish your assets to be dealt with after death. It ensures that you direct the way that your property is to be dealt with.
No matter how much your assets are worth or how simple your wishes, if you are over 18 you should have a Will.
If you made a Will some time ago, it is equally important to ensure that it meets your current circumstances.
Having a Will prepared by a professional also means that the formalities of providing two independent witnesses to the actual signing of the document can be taken care of without any embarrassment and you can then be sure that it is signed correctly for, as simple as it sounds, the law does prescribe a procedure that must be followed.
Five Resons to update your Will
1 If you marry or divorce or if you have children (including adopted or fostered children).
2 If you enter or end a defacto relationship.
3 If your executor dies or becomes unwilling or unable to act because of age, ill health or any other reason.
4 If a beneficiary (someone who has been left something in the Will) dies.
5 If you have specifically left any property which you subsequently sell to give away or put in trust or into a partnership.
Agency Documents
At the same time that you make or revise your Will, you should also give consideration to appointing a person or persons to act on your behalf during your lifetime should illness, accident, age or absence from the country prevent you from looking after your own affairs. This can be done through the appropriate agency documents, including:
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Enduring Power of Attorney |
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Enduring Power of Guardianship |
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Medical Power of Attorney |
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Anticipatory Grants |
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Contacts
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Areas of practice
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