Let’s face it – making a will seems complicated and it’s easy to push it to the bottom of the ‘to-do’ list.
In fact, more than half Australians don’t have a will.
And it’s not that complicated. It actually just got a whole lot easier.
Easy and online
You shop online, do your banking online – well, now you can make your will online, with a law firm that has been dealing with wills and estate planning for over a century.
Maurice Blackburn’s recently launched MyLife Wills® online service lets you organise your will in your own home.
You provide your information online in as little as 30 minutes.
A consultant from Maurice Blackburn contacts you to discuss the details and answer any questions, then your will is drawn up by a lawyer for a fixed fee. Maurice Blackburn will even store it securely for you.
Some people do write up their own wills – you can buy a DIY kit – but having one professionally written by a lawyer means you have peace of mind knowing that the will is legally valid.
Five important times to make (or update) a will
It doesn’t matter what stage of life you’re at, if you’ve never made a will, now is the perfect time to do it.
But if you need a major event to prompt you, here are five important life stages.
Getting married: With a new partner in life you will want to make sure you have a will. If things don’t quite go as planned and you separate or divorce, you will need to update your will. If you’re widowed you might need to change the beneficiaries.
Starting a family: As you settle into family life you’ll want to have a will to protect your family.
Even more important, if you have young children you will need to appoint a guardian to care for them and that will be written into the will.
Buying a house: Whether it’s your first house, your forever house, or your much-loved beach house you’ll want to have it covered in your will.
When you retire: If you’re downsizing, making a sea change, or buying a yacht to sail away in, you want to make sure your assets are clearly defined and who will be the beneficiaries.
It’s also a time when you might want to specify sentimental gifts for your family and loved ones.
If you become ill: Waiting until you are ill to make a will is not ideal, but it is often the catalyst that makes people get their financial and personal affairs in order. That definitely includes making a will.
Do it now
To protect yourself, your assets and your loved ones, now is the time to make or update your will. Check out MyLife Wills® online today.
Free eBook about wills & estate planning
Click here to receive The Australian Guide to Wills & Estate Planning, valued at $34.95, free to readers of The New Daily.