Why you should see a lawyer about your estate planning

Why you should see a lawyer about your estate planning

Most of us would rather be thinking about how to make or spend our money, rather than what will happen to it after we die. Estate planning is not

Most of us would rather be thinking about how to make or spend our money, rather than what will happen to it after we die.  Estate planning is not really the most enjoyable subject to think about, and many people are quite uncomfortable talking about it with their family and their professional advisers.

The statistics confirm this tale – most estimates suggest that around two thirds of Australian adults do not have a valid will.  Of those that do, many will be outdated or entirely unsuited to the person’s circumstances.

The cost to your family and loved ones in not having a valid, effective will can be extreme – we have all heard horror stories about expensive legal battles over a deceased estate.  Even if you are confident that there will be no fighting amongst your beneficiaries, there are additional complications and costs if you die without a valid will.

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