Family Law

Do I Need A Will

Why Having a Will is Important

Creating a will is a crucial aspect of estate planning. A will is a legal document that outlines your wishes regarding the distribution of your assets and the care of your minor children after your death.

Benefits of Having a Will

Having a will in place offers several benefits, including:

  • Ensuring your assets are distributed according to your wishes
  • Choosing guardians for your minor children
  • Minimising the potential for family disputes
  • Expediting the probate process

Consequences of Not Having a Will

If you pass away without a will, your assets will be distributed according to the intestacy laws of South Australia. This may not align with your preferences and could lead to disputes among your loved ones.

Frequently Asked Questions

1. When Should I Create a Will?

It is advisable to create a will as soon as possible, especially if you have assets or dependents. Life circumstances can change rapidly, so having a will ensures your wishes are documented.

2. Can I Write My Own Will?

While it is possible to write your own will using DIY kits or online templates, it is recommended to seek legal advice to ensure your will is legally valid and accurately reflects your intentions.

3. What Happens If I Need to Update My Will?

If you need to update your will due to major life events such as marriage, divorce, or the birth of a child, you should consult with a lawyer to make the necessary changes to your will.

Consult Wright Street Lawyers for Your Will Needs

Wright Street Lawyers in Adelaide, South Australia, specialises in estate planning and can assist you in creating a comprehensive will that aligns with your wishes and complies with Australian law.

Contact us today to schedule a consultation and ensure your assets are protected for the future.

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