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WILLS
A Will is a document that
records what you intend to happen to your assets after you die .
In other words “who gets what”. Wills also nominate a person or
persons that you trust to see that your wishes are carried out.
This person is referred to as the executor.
Many complications can arise after
your death, if you do not have a will. For example, you will not
have any control over who your assets are left to. The cost of
arranging for your assets to be distributed is usually higher
than would be the case if you had a will, and this cost is paid
for out of the assets of your estate. There is also
inconvenience caused to your loved ones in arranging for this
process to take place and because your intentions are not
documented, disputes and conflict can arise between loved ones,
as to what your intentions were.
Therefore, wills are essential
for most adults.
It is also very important that you view your existing wills
regularly to see if they need to be changed because of a change
in personal circumstances.
For example if you buy or sell a property you may need to review
your will. |
For more information on the
will services GM Lawyers is able to provide or if you would like an
obligation free quote please email us on
law@gmlaw.com.au or telephone us on 3286 5711. Alternatively
you are most welcome to visit us at either of our office
locations. For your convenience GM Law have offices with easy
parking at both Cleveland and Woolloongabba. |