WILLS

There are a number of reasons why having a valid will in place is so important, regardless of an individual’s estate value.

By having a valid will in place, you control what happens to your estate and where your assets go when you pass away. If you pass away without a valid will in place, you are deemed to have died intestate, under the Laws of Intestacy, and your assets will be distributed according to such laws. This means you will not have a say in who benefits from your estate, what they receive or in what shares.

By having a valid will in place, you can nominate a guardian if you have a child or children under the age of 18. A guardian is someone who you would like to look after your child or children should you pass away before they turn 18. Without a valid will in place, the state will make this decision for you based on what they deem best for your child or children at the time.

If you do not want someone else making these important decisions for you, get in touch today and one of our professional estate planning advisors will ensure you have an appropriate estate plan in place that accurately reflects your wishes.