Busting 5 Common Objections to Making a Wills

Making A Wills can often seem like a daunting and unnecessary task. With much resentment in the community regarding the introduction of COVID-19, you may be thinking that Making A Wills is no longer an important task. However, the unfortunate reality is that will death is an unavoidable act regardless of the circumstances. In this article, we explore five of the most common objections to Making A Wills and why these objections may not always be in reality.

1. I have stated my will to my family and I know that they will do the right thing.

Sometimes knowing the wills of a loved one, who has recently passed away, can mean a variety of different things to different family members. In addition, verbal instructions are an inadequate way of dealing with your property. Verbal instructions are not always binding and can result in delays and expenses for the administration of your cases. The death of a family member is already an emotionally arduous time. Through ensuring that you leave behind a clearly kept and legitimately executed Wills, one concern your family will get out of their hands.

2. I am a young man – the need to make a will is far from me.

Unfortunately, death is no respect for age! Even with the simplest of estates in a young person’s case, Will’s creation, Powers Of Attorney and advance care directive help ease the burden on those survivors, and the need to apply to the court for clarity can stop.

Making A Wills

3. My cases are very complicated right now.

The issue with this objection is not that your cases are too complex, but also a solution seems difficult. Nevertheless, all that is required is an experienced legal professional who can talk through your cases and find a suitable procedure to deal with your cases.

4. What’s the matter? Wills are successfully challenged.

This is a common misconception. Wills and Estates attorneys are highly qualified in assessing the risk of a successful challenge and can suggest ways to diminish the value of assets that are vulnerable to a challenge. Will Challenge-sensitive assets are assets that are subject to your name. Your lawyer can advise you on mechanisms to mitigate this risk, for example through transfer to a trust, jointly changing the ownership of bank accounts and property ownership to ensure that your assets your desired way is dealt with.

5. I already have a Will from a few years ago.

It is important that all Wills be reviewed regularly. Circumstances will inevitably change in life, such as the birth of a child, the beginning or break up of a relationship, or the property being bought or sold. It is generally suggested that Wills should be reviewed at least every three (3) years to ensure that they reflect your current circumstances. Old wills may be obsolete and result in your property not being in accordance with your wishes or challenged by disgruntled and self-interested beneficiaries.

Further information

It is important to Making A Wills to ensure that your property is dealt with in your desired way. If you would like more information about how we can help you create or update your will, do not hesitate to contact us on 08 8278 8566 or at info@jacksonlegal.com.au

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