It is important to have a Will - any will is better than not having one. This is not only for financial reasons, but for personal relationships also.
Our family structures are varied, which is an important thing to understand when you are preparing for the inevitable.
A few times a year Lifeline partner with Safewill to provide wills free of charge. If you google around you can find will kits for under $100. Not all wills are created equal, by that I mean some of these online services vary in their detail. Choice Magazine reviewed some Australian will kits in November 2023. Online will kits compared: Pros, cons and what you need to know. Of course there are still bricks and mortar Estate Lawyers. Prices vary from $400 to $10K - depending on your needs and the complexity of the estate.
What is becoming very apparent is the complexity of the modern Australian family. Not all relationships are recognised during the intestacy or probate process. It is important to ensure the people you wish to care for, or leave things to, are legally included in your will. In doing so you will significantly reduce the anxiety, conflict and isolation that is often felt by loved ones.
This is a quick read about a blended family and the potential complications that can arise with regard to dying intestate, or without a current Will.
Family law: ‘Am I entitled to money from my stepdad after he dies?’ | news.com.au — Australia’s leading news site
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