Wills & Estates
A Will is the most important document most of us will ever sign. A Will is a document that can ensure our assets are distributed in the way we intend after we die.
Life is unpredictable and uncertain and therefore we highly recommend you attend to making a Will now or changing one prepared earlier to meet your current wishes.
If you pass away without a Will, it can have the effect of your estate being distributed in a way that you had not wished or intended. Through your Will you are also able to name guardians for your children, establish trusts and donate to worthy charities through the use of your Will. You can also make it known if you want to donate organs, be buried or cremated and what you where you want your remains to finally rest.
Some of the major decisions to consider before you make a Will are:
- who will be the executors and trustees of your estate;
- are there any specific gifts that you would like to leave such as family heir looms to particular recipients;
- who will be the recipients of the remainder of your estate and in what proportions.
It is also important to note that there are events that can occur during your life that may invalidate your Will or parts of your Will, for example, marriage and divorce. You will also need to consider if an executor or trustee you have nominated in your Will is no longer able to act or alive, then that should also be changed in your Will.