Things To Consider When Writing A Will

Things To Consider When Writing A Will

Thinking about writing your Will can seem a little daunting at first, but with the help of a good will and estate lawyer, like TY Lawyers Chatswood, you can organize all your thoughts into one well documented plan, called your last will and testament or legal will.

You will need to make sure you’ve thought about all the important things in your life and make sure they’re all included in your will – that’s why we’ve created this easy checklist that you can refer to when planning it all out.

Your will should be an extension of how you want your most valued assets and belongings to be cared for, managed or dealt with, upon your passing.

Once you’ve considered all these things on our handy checklist, it’s time to get in touch with a will and estate lawyer in Chatswood to formalize it.

Important Factors To Include In Your Will

  1. Children

Although it’s a difficult thing to ponder, it’s important to nominate a person/s for guardianship of your children if you are not around, when putting your will together.

You can include everything that is important to you about your children – who you’d like them to live with, where you’d like them to go to school and which activities to include them in.

Generally you shoud have a good idea on who you’d like to nominate for guardianship, prior to putting the will together with a will and estate lawyer in Chatswood as once the document is finalized, any changes will incur further legal fees.

  1. Your Assets

All the things you own are your assets and it should be clearly indicated who you would like each and every item to go to. Think of all the things you own – your house, car, boat, furniture, pets or jewelry for example.

  1. Family Heirlooms

Even though smaller items may not hold a lot of monetary value, they may hold sentimental value so it’s worth clearly stating who you’d like certain family heirlooms to be passed down to.

  1. Giving To Charities

Some people choose to give to charities a portion of their estates.

With your will and estate lawyer in Chatswood, you will need to appoint an executor of you will. To find out more on some of the roles included in a will, read our article here (add link).

Problems That Can Make Wills Invalid

Whilst you can put your own will together, if it doesn’t meet certain criteria, it may mean your will is meaningless and has no authority.

The following could pose a potential issue:

  • It was not the last will of the testator
  • No date on the will
  • No witness signature/s
  • The deceased was coerced or forced into making the will
  • The deceased must have been of a sound mind when the will was put together and signed along with understanding its entirety

Engaging a will and estate lawyer in Chatswood to draft your last will and testament will ensure you won’t have any of these problems.

Notary Public Chatswood

Along with being experienced will and estate lawyers in Chatswood, TY Lawyers are also a notary public in Chatswood.

A notary public in Chatswood can authenticate all your important, official documents that you may require for use overseas when travelling or relocating.

TY Lawyers can assist you with all your will and estate queries. Our team will be with you every step of the way whether you’re writing your first will or you need a new will written to reflect your updated personal situation.

Contact us today to discuss your will and estate requirements and one of our experienced will and estate lawyers in Chatswood will be able to assist you.

Call TY Lawyers Chatswood on: (02) 8007 0135.

Please wait...