Why Have a Will

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Why Have a Will?

In the event of your death you must have a Will so that your assets are given to whom you wish. If you do not have a Will, your assets will be given to your closest living relatives. If you do not have any living relatives, then the State will inherit your assets. It is only a Will that allows you to control how your assets are to be dealt with upon your death.


Points to Consider

When writing your Will you should consider, among other things, the following:

  • 1. Whom would I like to Inherit from me?
  • 2. Whom do I not want to inherit from me?
  • 3. What if my executor dies before I do?
  • 4. What if my partner and I die together?
  • 5. What if my beneficiaries move to a foreign jurisdiction?
  • 6. Do I have a life insurance policy attached to my Superannuation?
  • 7. Who pays tax or duties in the transfer of assets to the beneficiaries?

The above are only a few of the questions that should be considered by you. You should get legal advice in preparation of your Will so that all questions are considered. A Will Kit bought at a Post Office and prepared without legal advice is unlikely to accurately reflect your wishes.


Our Service

At George Papamihail Barristers and Solicitors, we can provide you with a Simple Will for $220.00 (inclusive of GST). A Simple Will includes:

  • 1. Distribution of Real and Personal Property in Australia;
  • 2. Australian beneficiaries;
  • 3. Australian Superannuation and Pension Funds; and
  • 4. Funeral and Estate Expense Clauses.

A Simple Will does not include:

  • 1. Transfer of a Role or Positions in a Company, Trust or organisation;
  • 2. Transfer of Trust Assets;
  • 3. Creation of a Testamentary Trust; and
  • 4. Contemplation of marriage or contemplation of divorce clause.
Other Services

George Papamihail Barristers and Solicitors also practice in the following areas:

  • 1. Commercial and Corporate Law;
  • 2. Civil Litigation;
  • 3. Criminal Law;
  • 4. Employment Law; and
  • 5. Family Law.

Need Legal Assistance? Feel free to get in touch with any enquiries and one of our friendly members of staff will get back to you as soon as possible.


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