Publication date: Friday, 1 September 2017
Did you know that 45 per cent of Australians do not have a current Will?
If you belong to that group then NSW Trustee & Guardian (NSWTG) can help you put things right.
NSWTG holds regular Plan Ahead Days in towns and suburbs across NSW every year so people can make or update their Will and Power of Attorney.
"It is surprising that on average 45 per cent of Australians do not have a current Will, and yet it is one of the most important documents to have in place," said Megan Osborne, NSWTG's Director of Business Development & Communications.
"Having a clear, legally valid and up-to-date Will allows you to let your loved ones know what you want to happen with your assets or who you want to administer your estate upon your death.
"If you die without a Will your assets will be distributed according to a set formula with certain relatives receiving a defined percentage of your assets, despite what you may have wished. This means the people you wanted to inherit may end up missing out altogether, such as friends or particular family members."
Megan said it was advisable to have a Will prepared by an expert who was supported by accountants, taxation, investment and legal professionals such as those on staff at NSWTG.
"NSWTG has been trusted by the people of NSW with their planning for over 100 years and has drawn up made more than one million Wills over that time," she said.
If you are interested in planning ahead by making or updating your Will and Power of Attorney, please make a booking at a Plan Ahead Day in your area or phone 1300 364 103. Will and Power of Attorney document preparation fees apply.
You can also get started making your planning ahead documents using NSWTG's Planning Ahead Portal.
For more information please go to: http://www.tag.nsw.gov.au/planahead
Above: A legally valid and up-to-date Will can bring peace of mind.