Articles on will-making. Things to consider when preparing and planning ahead.
In the will-making process there are a number of issues to consider according to your circumstances. Care is needed since a will is central to formulating an effective estate plan. The Law Society of new South Wales has produced a short overview of the importance of making a will here.
Life changes such as a relationship change, birth or death require revision of a will.
The law permits flexibility for will-makers in many instances providing they make their intentions clear.
Constructing a family tree is a helpful tool in will-making and estate planning.
Interpreters and translators providing services to non-English speaking willmakers.
If something happens and you don’t get around to signing your will according to law – what happens?
The law provides for adults to make a will providing they have the required capacity. Also minors in some circumstances.
A will is a legal document in which you say what you want done with your property when you die. It is central to your estate plan.
Can we pass on our frequent flyer points?
There are fou requirements for making a valid will .
Are signing a will and execution of a will the same thing?
A will can be made in teas contemplation of marriage.
Care is needed when considering what you can dispose of in your will.
Can illegitimate or ex-nuptial children inherit?
Making the meaning of ‘descendants’ and ‘grandchildren’ clear in a will.
Owning property with others. What happens when one dies?
The survivor takes all when a co-owner dies under a joint tenancy. Is that the desired outcome?
© BHS Legal