The hardest part about doing a will is getting around to it. But administering an estate where there is no will is an expensive exercise thats more difficult than it needs to be.
WebsterLaw clients all receive a free will or a will review, each time we do a conveyancing transaction for you.
Simple Husband & Wife Will
For a married couple, partnership or civil union situation, we suggest a simple will that provides for the surviving spouse/partner to be appointed as the sole trustee, and for that person to be given the whole of the balance of the estate. On the death of the remaining person, the estate is to be held by trustees for the children of the deceased in equal shares until they reach a stipulated age. Other issues include appointing guardians for minor children, and specific bequests.
A will like this requires the names, addresses and occupations of you, your spouse/partner and the people you want to be your trustees in the event of the second death.
Life Interest Wills
In this case, the assets are given to trustees to hold for the life of the other party, and on their death, or remarriage (etc), assets go to the children of the deceased in equal shares.
We will use our skills and experience to assess your situation and select the right will product for you and