Wills & PoA
It is an unpleasant thought, but are you prepared for the possibility of an untimely death? Have you made a Will, or considered what will happen to assets such as your home, superannuation or investments? Take steps to ensure that your loved ones are protected and provided for.
Where there’s a Will, there’s peace of mind
If you were to die without a Will (intestate), your assets may not be divided according to your wishes.
In most states and territories in Australia, if you die intestate leaving behind a spouse and children, your spouse is entitled only to a prescribed amount, plus a portion of the remainder of the estate. The rest is divided between the children, regardless of their age.
A common response: No need to pay a solicitor when you can get an off-the-shelf Will kit to do the job!
But will the off-the-shelf Will kit do the job you want it to do? It’s possibly better than nothing, that is, if you were to die without a Will, in which case a standard government formula is put in place.
If you want to be sure your hard-earned assets actually end up with the people you want them to go to, including those you control but don’t own (such as superannuation), you’re much better off talking to an estate planning specialist who can set up the right structure for you.
Good news! You can sort out your individual Will situation over the phone with Outlook’s estate planning specialists for a very reasonable fixed price. Take advantage of our experience and focus on providing positive outcomes. For an obligation free chat about estate planning call Outlook today on 1300 657 872. We also review any existing Wills or Powers of Attorney.
Click here for a 5 minute overview of the key issues you should consider.